Activity 3: Give Me the Present Value of the following ordinary annuities. Use the formula: P = R 1. Monthly payments of P 2,000 for 5 years with interest rate of 12 compounded monthly. 2. Quarterly...


Activity 3: Give Me the Present Value of the following ordinary<br>annuities.<br>Use the formula: P = R<br>1. Monthly payments of P 2,000 for 5 years with interest rate of 12 compounded<br>monthly.<br>2. Quarterly payment of P 15,000 for 10 years with interest rate of 8% compounded<br>quarterly.<br>3. Semi-annual payments of P 20,500 with interest rate of 8.5% compounded<br>semi-annually for 3 years.<br>

Extracted text: Activity 3: Give Me the Present Value of the following ordinary annuities. Use the formula: P = R 1. Monthly payments of P 2,000 for 5 years with interest rate of 12 compounded monthly. 2. Quarterly payment of P 15,000 for 10 years with interest rate of 8% compounded quarterly. 3. Semi-annual payments of P 20,500 with interest rate of 8.5% compounded semi-annually for 3 years.

Jun 05, 2022
SOLUTION.PDF
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
Have files?