# Solution: Find the present value in pesos, of a perpetuity of P15,000 payable semi-annually

Find the present value in pesos, of a perpetuity of P15,000 payable semi-annually if money is worth 8% compounded quarterly.

#### Problem Statement: CE Board November 1995

Find the present value in pesos, of a perpetuity of P15,000 payable semi-annually if money is worth 8% compounded quarterly.

• A. P371,719.52
• B. P371,287.13
• C. P371,670.34
• D. P371,802.63

The present value in pesos, of a perpetuity of P15,000 payable semi-annually is P371,287.13.

Solution:

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