Find the present worth of perpetuity of Php10,000 semi annually with an interest rate of 10% quarterly. If the first payment will be given after 5 years.   Answeris 133,601.72

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 1P
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Find the present worth of perpetuity of Php10,000 semi annually with an interest rate of 10% quarterly. If the first payment will be given after 5 years.

 

Answeris 133,601.72

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