Individual Assessment 1.a: Simple Ordinary Annuity Directions: Calculate the future value of #1, 2, & 3 and present value of #4 & 5. Length of Annuity 3 years 5 years 4 years Length of Annuity 10 years Principal Interest Mode of Future Rate Payment Annually Monthly Value 1. P20,000 2% 2. P1,500 7% 3. P4,300 3.50% Quarterly Principal Interest Mode of Present Rate Payment Semi-annually Value 4. P5,000 3.20% 5. P3,800 6% Bimonthly 2 years

Individual Assessment 1.a: Simple Ordinary Annuity Directions: Calculate the future value of #1, 2, & 3 and present value of #4 & 5. Length of Annuity 3 years 5 years 4 years Length of Annuity 10 years Principal Interest Mode of Future Rate Payment Annually Monthly Value 1. P20,000 2% 2. P1,500 7% 3. P4,300 3.50% Quarterly Principal Interest Mode of Present Rate Payment Semi-annually Value 4. P5,000 3.20% 5. P3,800 6% Bimonthly 2 years

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 20E

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