Quarterly payment of Php 3,600 for 4 years with interest rate of 1.5% compounded quarterly. Find the present and future value.

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Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

A: s per our guidelines we are supposed to answer?️ only one question. Kindly repost other question as…

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A: We can find the answers as below.

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Q: identify the future value. Daily payments of 20 pesos for  30 days with interest rate of 20%…

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A: This question can be solved by applying the formula of Present value of annuity due.

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Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

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A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

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