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  1. A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

    2. A.

     P 142,999.08
    B.

     P 143,104.89
    C.

     P 142,189.67
    D.

     P 143,999.08

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    Answer : Option D

    Explanation :

    Explanation Not Provided

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