Examveda
Examveda

In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?

A. P 15,030.03

B. P 20,113.57

C. P 18,289.05

D. P 16,892.34

Answer: Option A


This Question Belongs to Civil Engineering >> Engineering Economics

Join The Discussion

Related Questions on Engineering Economics