Find the present with of a if n=6 A= PI5, 00030০,0003) An individtual makes 6 annual deposits of P2,000 in a savınge account that pays interest4% compounded annually. Two years ofter making thechanges to 7% compounded annually. Ten years a frer the lact deposit, rhe acuumulatedwi thd rawn from therate oflast depocit, the interectratemoneyISaccountHow much is withdrawn ?F=P24, 653. 3120241013.12131416i= 7%A = 2,000i= 4%A ( F/A, 4% , G) ( F/p, 4%, 2) (F/p, 7%, 8)(1+ 4%)6-FIG2,0001 + 4%4%24, G 53. 31 28 2FIG= F 24, G53. 3128 2it19

N = 6, PV = 0, PMT = 2000, rate = 4% use FV function in Excel amount at the end of 6 years =…

3) An indIVidual makes 6 annual deposits of P2,000 in a savinge account 4% compounded annually. Two years ofter making the that pays interest last deposit, the interect rate changes to 7% compounded annually. Ten years a frer the last deposit, rhe acumulated rate of money is withd nawn from the account How much is withdrawn? F=P24, 653. 31202

3) An indIVidual makes 6 annual deposits of P2,000 in a savinge account 4% compounded annually. Two years ofter making the that pays interest last deposit, the interect rate changes to 7% compounded annually. Ten years a frer the last deposit, rhe acumulated rate of money is withd nawn from the account How much is withdrawn? F=P24, 653. 31202

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 15MC: Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual...

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