A student will receive P 3,000 at the beginning of each 3 months for 4years. What is the sum of the annuity at the end of the 4th year if the interest rate is 6% compounded quarterly?
A student will receive P 3,000 at the beginning of each 3 months for 4years. What is the sum of the annuity at the end of the 4th year if the interest rate is 6% compounded quarterly?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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A student will receive P 3,000 at the beginning of each 3 months for 4years. What is the sum of the
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