Structural Analysis
Structural Analysis
6th Edition
ISBN: 9781337630931
Author: KASSIMALI, Aslam.
Publisher: Cengage,
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5. In five years P18,000 will be bedded to pay for a building renovation. In
order to generate this sum an annuity consisting of three annual
payments is established now. What payment is necessary if money is
worth 15% annually
a. P 3919.53
b. P3567.89
c. P4000
O d. 4320.55
O e. None of the above
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Transcribed Image Text:5. In five years P18,000 will be bedded to pay for a building renovation. In order to generate this sum an annuity consisting of three annual payments is established now. What payment is necessary if money is worth 15% annually a. P 3919.53 b. P3567.89 c. P4000 O d. 4320.55 O e. None of the above
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