34. What is the present value of quarterly payments of P 2,000 for 5 years with an interest rate of
8% compounded quarterly?
A. P 32,702.87
C.P 34.702.87
B. P 33,702.87
D. P 33,702.87
8% compounded quarterly?
A. P 32,702.87
C.P 34.702.87
B. P 33,702.87
D. P 33,702.87
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Answer:
2,000 in 5 years interest 8% =34,702.87