MCQOPTIONS
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| 1. |
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. |
| A. | P 150.56 |
| B. | P 152.88 |
| C. | P 153.89 |
| D. | P 151.09 |
| Answer» C. P 153.89 | |