1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is worth 8% compounded quarterly. A. PhP 6,049,807 B. PhP 4,069,708 C. PhP 9,079,612 D. PhP 7,904,912
1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is worth 8% compounded quarterly. A. PhP 6,049,807 B. PhP 4,069,708 C. PhP 9,079,612 D. PhP 7,904,912
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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![1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is
worth 8% compounded quarterly.
A. PhP 6,049,807
B. PhP 4,069,708
C. PhP 9,079,612
D. PhP 7,904,912](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30ef5e99-35c8-4dde-8608-4e6846bcbfd7%2Fdc95ddda-0b2a-46b2-9531-850f3ad8998c%2F2gagjziq_processed.png&w=3840&q=75)
Transcribed Image Text:1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is
worth 8% compounded quarterly.
A. PhP 6,049,807
B. PhP 4,069,708
C. PhP 9,079,612
D. PhP 7,904,912
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