Reference no: EM133058438
The periodic payments of an annuity due are ?14,500 for 12 years. If money is worth 8%, compounded semiannually, what is the present value of the annuity?
-How much will Php 15,000 amount to in 4 years and 6 months at 7% compounded semiannually?
-Find the present value of Php 120,000 due in 3 years and 9 months if money is worth 10%, compounded quarterly.
-To replace his sala set, Teddy Palomo made quarterly payments of Php 1,800 each in a fund that paid 12%, compounded quarterly. How much was in the fund at the end of 2.5 years?
-A contract calls for 20 semiannual payments of Php 75,000 each. Find the present value of the contract if money is worth 7.2% compounded semiannually.
-An annuity contract provides for the payment of Php 58,750 on the first of each quarter for 8 years. If money earns interest at 10%, compounded quarterly, what is the amount of annuity at the end of the term?
-What is the present value of an annuity due in which a payment of Php 7,600 us to be made at the beginning of each month for 5 years if money is worth 9% compounded monthly?
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: The periodic payments of an annuity due are ?14,500 for 12 years. If money is worth 8%, compounded semiannually, what is the present value of the annuity?
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