1322. What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ?

A. P 1,290.34
B. P 1,185.54
C. P 1,107.34
D. P 1,205.74
✅ The correct answer is option B.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top