2. If money is worth 8% compounded quarterly, find the present value of a P100.00 annuity every 3 months, the first of which is due at the end of 4 years and the last at the end of 10 years.
2. If money is worth 8% compounded quarterly, find the present value of a P100.00 annuity every 3 months, the first of which is due at the end of 4 years and the last at the end of 10 years.
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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2. If money is worth 8% compounded quarterly, find the present value of a P100.00
annuity every 3 months, the first of which is due at the end of 4 years and the last at the
end of 10 years.
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