What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?
A. P 7,654.04
B. P 7,731.29
C. P 7,420.89
D. P 7,590.12
Answer: Option B
This Question Belongs to Civil Engineering >> Engineering Economics
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The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
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D. Neither (A) nor (B)
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B. Entrepreneurship
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A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
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