Mr. and Mrs. Santos were planning to acquire house and lot but have limited budget. They went to a bank for some advice as to how they could produce enough amount for the down payment on a house and lot they had chosen. This is the advice of the bank: If you will invest Php 20 000 at the end of each year for 5 years in an account that pays interest at 10 % compounded annually, you will have the amount of the down payment of the house and lot. For Sale House A –price Php 850 740 House B- price Php 1 221 020 House C- price Php 2 110 000 Down payment 10% of the price No Price increase for the Next Five Years a. How much is their investment after 5 years? b. Which house did the couple choose? b. How much is the present value of the couple’s investment?​