Find the present value of an annuity P10,000 payable at the en quarter for 5 years if the rate of interest is 10% compounded r Find the future value given the situation of item number 4.

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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4. Find the present value of an annuity P10,000 payable at the end of each
quarter for 5 years if the rate of interest is 10% compounded monthly.
5. Find the future value given the situation of item number 4,
Transcribed Image Text:4. Find the present value of an annuity P10,000 payable at the end of each quarter for 5 years if the rate of interest is 10% compounded monthly. 5. Find the future value given the situation of item number 4,
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