Question: please find the future value, present value, fair market value, and period of deferral of a deferred annuity (if applicable) CLAIM-EVIDENCE REASONING STRUCTURED CONSTRUCTED RESPONSE

please find the future value, present value, fair market value, and period of deferral of a deferred annuity (if applicable)
please find the future value, present value, fair market value, and period

CLAIM-EVIDENCE REASONING STRUCTURED CONSTRUCTED RESPONSE TEST ITEM: ARTICLE/PROBLEM: Your uncle is planning to sell his house in Laoag City. He advertised the selling of the property in his social media account and was able to receive three compelling offers. OFFER A: PhP 1 200 000.00 down payment plus a P30 000 quarterly payment that earns 12% interest compounded monthly payable for 5 years. OFFER B: PHP 950 000.00 down payment plus a P15 000 monthly payment that earns 12% interest compounded monthly payable for 5 years. OFFER C: PhP 1 500 000.00 down payment and P10 000 monthly for 4 years. The first monthly payment is 1 year after the down payment has been made. interest rate is 12% converted monthly LEARNING COMPETENCIES (Understand) illustrates simple and general annuities distinguishes between simple and general annuities. finds the future value and present value of both simple annuities and general annuities calculates the fair market value of a cash now stream that includes an annuity. calculates the present value and period of deferral of a deferred annuity INSTRUCTIONS: Read the given article. Then answer the following: QUESTION: If you were to advise your uncle, which of the three options are you going to recommend? What offer will give your uncle the best fair market value? YOUR CLAIM: I would suggest to my uncle to choose Offer Cite from the article three (3) evidences that support your claim

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!