Find the present worth of a future payment of P80,000 to be made in six years with an interest of 12% compounded semi-annually. (whole number)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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Find the present worth of a future payment of P80,000 to be made in six years with an interest of 12% compounded semi-annually.
(whole number)
Transcribed Image Text:Find the present worth of a future payment of P80,000 to be made in six years with an interest of 12% compounded semi-annually. (whole number)
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