Find the present value of a perpetuity of P 15,000 payable semi-annually if money is worth 8% compounded monthly. P 381,824 P 358,456 O P 371,287 P 368,798

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
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Chapter20: Engineering Economics
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Find the present value of a perpetuity of P 15,000 payable semi-annually if
money is worth 8% compounded monthly.
P 381,824
P 358,456
P 371,287
P 368,798
Transcribed Image Text:Find the present value of a perpetuity of P 15,000 payable semi-annually if money is worth 8% compounded monthly. P 381,824 P 358,456 P 371,287 P 368,798
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