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
No explanation is available for this question!