Find the present value of an annui P6,000 a year for 8 years that is def or 2 years, if the money is worth 10 ompounded annually

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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b. Find the present value of an annuity of
P6,000 a year for 8 years that is deferred
for 2 years, if the money is worth 10%
compounded annually
Transcribed Image Text:b. Find the present value of an annuity of P6,000 a year for 8 years that is deferred for 2 years, if the money is worth 10% compounded annually
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