5. Find the amount and the present value of an annusty due of P370 every month for 4 years, if money worth 12% compounded monthly

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
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ANNUITY DUE: 5. Find the amount and the present value of an annusty due of P370 every month for 4 years, if money worth 12% compounded monthly 6. An investment of P650 is made at the beginning of six months for 10 years and 6 months. How much will the investment he worth at the end of the term, if interest is 3% compounded semi-annually? 7. A sala set is bought for P2.500 down payment and P750 payable at the beginning of each month for 36 months. What is the equivalent cash price of the set. If the interest rate is 4% compounded monthly?
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