3. ent Value: P = FV- or P = F(1+i) -n (1+r)" a) Find the present value of P8,000 due in four years at 8% compounded semi-annually b) P22,500 is due in 6 years at 12% compounded annually. Determine e present value c) Find the present value of each of the following: a. P28,300, 8% every 6 months for 5 years bb. P27,500, 12% monthly. Terms, 3 years and 7 months cc. P83,900, 10% quarterly, Terms, 6 years and 9 months dd. P71,520, 7% semi-annual for 12 years ee. 68,900, 6% annually for 15 years.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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NOTE: PLEASE ANSWER PART C ONLY. (bb, cc, dd and ee)
1
3. ent Value: P = FV- +7™ or P = F(1+i) -n
(1+r)"
a) Find the present value of P8,000 due in four years at 8% compounded
semi-annually
b) P22,500 is due in 6 years at 12% compounded annually. Determine
e present value
c)
Find the present value of each of the following:
-a. P28,300, 8% every 6 months for 5 years
bb. P27,500, 12% monthly. Terms, 3 years and 7 months
cc. P83,900, 10% quarterly, Terms, 6 years and 9 months
dd. P71,520, 7% semi-annual for 12 years
ee. 68,900, 6% annually for 15 years.
Transcribed Image Text:1 3. ent Value: P = FV- +7™ or P = F(1+i) -n (1+r)" a) Find the present value of P8,000 due in four years at 8% compounded semi-annually b) P22,500 is due in 6 years at 12% compounded annually. Determine e present value c) Find the present value of each of the following: -a. P28,300, 8% every 6 months for 5 years bb. P27,500, 12% monthly. Terms, 3 years and 7 months cc. P83,900, 10% quarterly, Terms, 6 years and 9 months dd. P71,520, 7% semi-annual for 12 years ee. 68,900, 6% annually for 15 years.
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