Mr. Limpiado received two offers on a lot that he wants to sell, First Offer: Php 20,000 down payment and a Php 800,000 lump sum payment 6 years from now. Second Offer: Php 25,000 down payment plus Php 30,000 every quarter for 6 years. Both money earns at 6.5% compounded annually. What is the present value of the 2nd offer if the focal date is at the start of the term? O A. Php 594, 897.79 O B. Php 585, 945.79 O C. Php 558, 499.79 O D. Php 549, 598.79

Mr. Limpiado received two offers on a lot that he wants to sell, First Offer: Php 20,000 down payment and a Php 800,000 lump sum payment 6 years from now. Second Offer: Php 25,000 down payment plus Php 30,000 every quarter for 6 years. Both money earns at 6.5% compounded annually. What is the present value of the 2nd offer if the focal date is at the start of the term? O A. Php 594, 897.79 O B. Php 585, 945.79 O C. Php 558, 499.79 O D. Php 549, 598.79

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 12E

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