What is now downtown sampiruhan

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Problem 1: Thirty years ago, Gabbie bought 10 acres of land for P1,000 per acre in what is now downtown Sampiruhan. If this land grew in value at compounded annual interest rate of 8 percent, what is it worth today? (Use 5-decimal Time Value Factor)

A. 100,624        C. 100,900

B. 180,630       D. 101,630

Reference no: EM132916673

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