of property for P100,000 down payment and ten deferred semi-annual payments of P8,000each starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually? What is the corresponding value if ten deffered semi annual payments of 8,000 are made starting three years

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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A person buys a piece of property for P100,000 down payment and ten deferred semi-annual payments of P8,000each starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually? What is the corresponding value if ten deffered semi annual payments of 8,000 are made starting three years from now? A. 100,000 B. 43,999.08 C. 8,000
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