If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 ½ years? B) Jessica buys a piece of lot P200,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly ?
If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 ½ years? B) Jessica buys a piece of lot P200,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly ?
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 6PROB
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A) If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual payments of P1000 each, the first of which is due at the end of 4 ½ years?
B) Jessica buys a piece of lot P200,000 downpayment and 8 deferred quarterly payments of P8,000 each, starting 3 years from now . What is the present value of the investment if the rate is 12% compounded quarterly ?
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