Question 9 What is the amount of a Php5,000 ordinary annuity payable every six months at 9% compounded semi-annually for 3 years? Php25,789.36 Php205,763.58 Php33,584.46 Php157,234.03

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 12PROB
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Question 9
What is the amount of a Php5,000 ordinary
annuity payable every six months at 9%
compounded semi-annually for 3 years?
Php25,789.36
Php205,763.58
Php33,584.46
Php157,234.03
9
Transcribed Image Text:Question 9 What is the amount of a Php5,000 ordinary annuity payable every six months at 9% compounded semi-annually for 3 years? Php25,789.36 Php205,763.58 Php33,584.46 Php157,234.03 9
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