In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that

Question

In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?

Options:

A . P 15,030.03

B . P 20,113.57

C . P 18,289.05

D . P 16,892.34

Answer: Option A

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