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Quantitative Reasoning
A tenant was awarded a house and lot package worth Php 180, 000.00. She has to pay package for 20 years at 9% per annum. How much will the house and lot cost after 20 years?
Php 504, 000
Php 500, 000
Php 604, 000
Php 600, 000
Answer:
Php 504, 000
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