What is the present worth of P5000 deposited at the end of every three months for 5 years if the interest rate is 6% compounded semi-annually?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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What is the present worth of P5000 deposited at the end of every three months for 5 years if the interest rate is 6% compounded semi-annually?

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