What is the present value of an offer

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Question - What is the present value of an offer of P14,000 a years from now if the opportunity cost of capital (discount rate) is 11% per year nominal annual rate compounded monthly?

A.  P12,548.18

B.  P13,312.00

C. P24,314.00

D. P31,943.00

Reference no: EM132942995

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