What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 % ? | MCQ Hive

Civil Engineering MCQs

Q What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 % ?

A A. P 727.17
B B. P 717.17
C C. P 714.71
D D. P 731.17

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