Answered: a. Find the present value of a deferred…

a. Find the present value of a deferred annuity of P30000 every three months for 3 years that is deferred for 1 year, if money is worth 8% compounded quarterly.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 5P

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Show the formula and complete solution

a. Find the present value of a deferred
annuity of P30000 every three months
for 3 years that is deferred for 1 year, if
money is worth 8% compounded
quarterly.

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