Find the FUTURE VALUE in SIMPLE ANNUITY of each of the following scenarios where R is the regular payment and r is the interest rate. Round off your answers in two decimal places. Regular Compounding Time Future in Payment (R) Frequency Value Years Php Php 4750 4% annually 9. Php 6.3% semiannually Php 2500 Php 14 quarterly. 5.5% Php 1000

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter11: Liabilities: Bonds Payable
Section: Chapter Questions
Problem 11E
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Find the FUTURE VALUE in SIMPLE ANNUITY of each of the following scenarios where R is the regular
payment and r is the interest rate. Round off your answers in two decimal places.
Regular
Compounding
Time
Future
in
Payment (R)
r
Frequency
Value
Years
Php
Php 4750
4%
annually
6.
Php
6.3%
semiannually
Php 2500
Php
14
quarterly
5.5%
Php 1000
Transcribed Image Text:Find the FUTURE VALUE in SIMPLE ANNUITY of each of the following scenarios where R is the regular payment and r is the interest rate. Round off your answers in two decimal places. Regular Compounding Time Future in Payment (R) r Frequency Value Years Php Php 4750 4% annually 6. Php 6.3% semiannually Php 2500 Php 14 quarterly 5.5% Php 1000
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