# A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ? with Answer - Civil Engineering Mcqs | TestPrep

> Solved MCQ: A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ? Correct Answer: D. P 2,504.57. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

---

Tested in Competitive Exams:

- [NTS Test Prep](https://test-prep.blog/exams/nts)
- [FPSC Past Papers](https://test-prep.blog/exams/fpsc)
- [PPSC Solved MCQs](https://test-prep.blog/exams/ppsc)
- [PMDC MDCAT 2026](https://test-prep.blog/exams/mdcat)
- [UET ECAT Prep](https://test-prep.blog/exams/ecat)
- [CSS Central Superior](https://test-prep.blog/exams/css)

- [Civil Engineering Mcqs](https://test-prep.blog/categories/civil-engineering-mcqs)
Difficulty: Easy 87% Accuracy

# A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ?

Direct Answer & Quick Reference

The correct option is **D. P 2,504.57**.

A. P 2,500.57

B. P 2,544.45

C. P 2,540.56

D. P 2,504.57 **(Correct Answer)**

✨ Explain with AI

Verified Key: D. P 2,504.57
Solved by 2,292+ students

Verified against official examination board answer keys and standard curriculum textbooks.

- [Previous Question In the lever of third order, load W, effort P and fulcrum F are oriented as follows _____ ?](https://test-prep.blog/mcq/in-the-lever-of-third-order-load-w-effort-p-and-fulcrum-f-are-oriented-as-follow-ca9a19fe-75fd-4d80-8d18-176be69511fb)
- [Next Question The minimum width of the fire escape stairs shall be?](https://test-prep.blog/mcq/the-minimum-width-of-the-fire-escape-stairs-shall-be-ceb3ea95-5f4e-4fb6-8f4d-8ac9e07fe45d)

- [Practice More Civil Engineering Mcqs MCQs](https://test-prep.blog/quiz/smart?category=civil-engineering-mcqs)
- [How We Verify Questions →](https://test-prep.blog/editorial-policy)

## Subject Overview

Explore thousands of solved past paper MCQs for Civil Engineering Mcqs categorized with explanations.

- [Browse All Civil Engineering Mcqs MCQs →](https://test-prep.blog/categories/civil-engineering-mcqs)

## Related Questions

- [In the lever of third order, load W, effort P and fulcrum F are oriented as follows _____ ?](https://test-prep.blog/mcq/in-the-lever-of-third-order-load-w-effort-p-and-fulcrum-f-are-oriented-as-follow-ca9a19fe-75fd-4d80-8d18-176be69511fb)
- [The minimum width of the fire escape stairs shall be?](https://test-prep.blog/mcq/the-minimum-width-of-the-fire-escape-stairs-shall-be-ceb3ea95-5f4e-4fb6-8f4d-8ac9e07fe45d)
- [Choose the wrong statement _____ ?](https://test-prep.blog/mcq/choose-the-wrong-statement-e491e2be-fe10-423a-bc52-050164ea8df3)
- [Choose the wrong statement?](https://test-prep.blog/mcq/choose-the-wrong-statement-ea614ffe-412d-4f02-8d4a-cf59e3d234f6)
- [Choose the wrong statement?](https://test-prep.blog/mcq/choose-the-wrong-statement-fb5efa74-16e8-4f91-a432-96772f86c0ee)

---
*Source: https://test-prep.blog/mcq/a-factory-operator-bought-a-diesel-generator-set-for-p-1000000-and-agreed-to-pay-6059a37f-30e5-4513-9f16-044380c01259*
*Format: Markdown for Agents (Content Negotiation: text/markdown)*