Practice Problem Set No. 4: (Continuation) Problem 4: If money is worth 8% compounded quarterly, calculate the present worth of the following: (a) An annuity of P 1,000 payable quarterly for 50 years (b) An annuity of P 1,000 payable quarterly for 100 years (c) A perpetuity of P 1,000 payable quarterly

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
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ISBN:9781305084766
Author:Saeed Moaveni
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Chapter20: Engineering Economics
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Perpetuity
Practice Problem Set No. 4: (Continuation)
Problem 4: If money is worth 8% compounded quarterly, calculate the
present worth of the following:
(a) An annuity of P 1,000 payable quarterly for 50 years
(b) An annuity of P 1,000 payable quarterly for 100 years
(c) A perpetuity of P 1,000 payable quarterly
Transcribed Image Text:Perpetuity Practice Problem Set No. 4: (Continuation) Problem 4: If money is worth 8% compounded quarterly, calculate the present worth of the following: (a) An annuity of P 1,000 payable quarterly for 50 years (b) An annuity of P 1,000 payable quarterly for 100 years (c) A perpetuity of P 1,000 payable quarterly
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