2. What is the present value of an annuity of Php 750 at the end of each year for 10 years if the interest rate is 9% compounded semi-annually? (General Annuity)

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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
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Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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2. What is the present value of an annuity of Php 750 at the end of each year for 10 years if the interest
rate is 9% compounded semi-annually? (General Annuity)
Transcribed Image Text:2. What is the present value of an annuity of Php 750 at the end of each year for 10 years if the interest rate is 9% compounded semi-annually? (General Annuity)
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