What is the present value of Php 1000 payable every three months for 10-years. If money is worth 8% compounded quarterly.
of
Select one:
a. 45000
b. 40000
c. 50000
d. 55000
Check

Answerthe simplified expression isexplanationthe given expression is,let us deal with the bracket first.the two negatives in the parenthesis will become positive.the expression now becomes,we now expand the parenthesis to get,we group like terms to obtain,this simplifies to,