Engineering Economy Mcqs


Q.  In year zero, you invest P 10,000.00 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. P 15,030.03
b. P 20,113.57
c. P 18,289.05
d. P 16,892.34


ANSWER: See Answer
 
No explanation is available for this question!
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