What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

What annuity is required over 12 years to equate with a future amount

1.	What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.
A.	P 1,290.34
B.	P 1,185.54
C.	P 1,107.34
D.	P 1,205.74
Answer» C. P 1,107.34

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What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

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