1. Solve for the present value of annuity due for an investor to receive P12,000.00 semi-annuallyfor 6 years if it will be compounded at 8% semi- annually?

Present value is based on time value of money . It calculates the present value of the future…

Answered: 1. Solve for the present value of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....

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You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuity
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H3. Show proper step by step calculation

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1. Solve for the present value of annuity due for an investor to receive P12,000.00 semi-annu for 6 years if it will be compounded at 8% semi- annually?