# Solution: What is the present worth of two P100 payments?

(Last Updated On: December 8, 2017)

#### Problem Statement: ME Board Aril 1996

What is the present worth of two P100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

• A. P153
• B. P160
• C. P162
• D. P127

The present worth of two P100 payments at the end of the third year and fourth year is P153.

Solution:

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