BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The buyer of the house and lot pay P200, 000 cash and P10, 000 every month for 20 years. If money is 9% compounded monthly, how much is the cash value of the lot?
A
1, 311, 449.54
B
1, 411, 449.54
C
1, 511, 449.54
D
1, 211, 449.54
Explanation: 
There is 1 question to complete.