# Solution: How much, in terms of year zero pesos will be in the account at maturity?

(Last Updated On: January 9, 2020)

#### Problem Statement: ME Board October 1995

In year zero, you invest P10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much, in terms of year zero pesos will be in the account at maturity?

• A. P12,020
• B. P13,030
• C. P14,040
• D. P15,030

The total amount at maturity is P15,030.

Solution:

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