Nina buys a piece of lot for P30,000 down payment and 8 deferred semi-annual payments of P

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Nina buys a piece of lot for P30,000 down payment and 8 deferred semi-annual payments of P 5,000 each, starting 3 years from now.
What is the future value of the investment if the rate of interest is 12% compounded semi annually?

Related Book For answer-question

Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Jan 17, 2023 12:06 AM

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Nina buys a piece of lot for P30,000 down payment and 8 deferred semi-annual payments of P

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The future value of the investment can be calculated using the formu... View the full answer

Engineering Economy

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