What is the present worth given the perpetuity valued

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Problem 1: What is the present worth given the perpetuity valued at P20,000 payable quarterly if money is worth 10% compounded monthly?

Problem 2: Which term offer the best investment for 8 years for an amount of P200,000.

a)10% simple interest b)10% compounded monthly c)10% compounded annually.
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Reference no: EM132763111

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