Directions: Solve the present value P, and amount F of the following ordinary annuities. Quarterly payments of P2000 for 5 years with interest rate of 8 % compounded quarterly. Semi-annual payments of P8000 for 12 years with interest rate of 12 % compounded semi-annually Daily payments of P50 for 30 days with interest rate of 20 % compounded daily.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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ONLY SOLVE FOR THE AMOUNT OF F OF THE FOLLOWING ORDINARY ANNUITIES

IV. EXERCISES
Directions: Solve the present value P, and amount F of the following ordinary annuities.
1. Quarterly payments of P2000 for 5 years with interest rate of 8 % compounded
quarterly.
2. Semi-annual payments of P8000 for 12 years with interest rate of 12 % compounded
semi-annually
3. Daily payments of P50 for 30 days with interest rate of 20 % compounded daily.
Transcribed Image Text:IV. EXERCISES Directions: Solve the present value P, and amount F of the following ordinary annuities. 1. Quarterly payments of P2000 for 5 years with interest rate of 8 % compounded quarterly. 2. Semi-annual payments of P8000 for 12 years with interest rate of 12 % compounded semi-annually 3. Daily payments of P50 for 30 days with interest rate of 20 % compounded daily.
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