14. Find the future value of an annuity of P10,000.00 payable quarterly for 5years if money is worth 12% compounded monthly. * O a. P 64,395.55 O b. P 64,935.55 O c. P 69,435.55 O d. P 69,534.55 O other:
14. Find the future value of an annuity of P10,000.00 payable quarterly for 5years if money is worth 12% compounded monthly. * O a. P 64,395.55 O b. P 64,935.55 O c. P 69,435.55 O d. P 69,534.55 O other:
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:14. Find the future value of an annuity
of P10,000.00 payable quarterly for
5years if money is worth 12%
compounded monthly. *
a. P 64,395.55
O b. P 64,935.55
O c. P 69,435.55
O d. P 69,534.55
Other:
15. Find the present value of an
annuity of P20,000.00 payable semi-
annually for 5 years if money is worth
6% per year compounded quarterly. *
O a. P120,640.00
O b. P 145,022.80
O c. P 170,408.33
O d. P186,640.00
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