3. Which among the following is the present value of Php 40, 000 due in 6 years if money is worth 10% compounded annually? А. 28, 198.42 B. 29, 188.42 С. 38, 198.42 D. 39, 188.42

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3. Which among the following is the present value of Php 40, 000 due in 6 years if money is
worth 10% compounded annually?
А. 28, 198.42
В. 29, 188.42
С. 38, 198.42
D. 39, 188.42
_4. Find the future value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the interest
rate is 8% compounded quarterly.
A. 63, 817.95
B. 297, 452.77
C. 68, 317.95
D. 397, 452.77
5. Find the present value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the
interest rate is 8% compounded quarterly.
А. 63, 817.95
B. 297, 452.77
C. 68, 317.95
D. 397, 452.77
Transcribed Image Text:3. Which among the following is the present value of Php 40, 000 due in 6 years if money is worth 10% compounded annually? А. 28, 198.42 В. 29, 188.42 С. 38, 198.42 D. 39, 188.42 _4. Find the future value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the interest rate is 8% compounded quarterly. A. 63, 817.95 B. 297, 452.77 C. 68, 317.95 D. 397, 452.77 5. Find the present value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the interest rate is 8% compounded quarterly. А. 63, 817.95 B. 297, 452.77 C. 68, 317.95 D. 397, 452.77
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