321, 793.41 php Question 18 What is the present value of an ordinary annuity of 700 php every 6 months for 4 years at 6% compounded semi - annually? 6,224.64 php B 99.72 php 5,000 php 4,913.78 php Ouestion 10
321, 793.41 php Question 18 What is the present value of an ordinary annuity of 700 php every 6 months for 4 years at 6% compounded semi - annually? 6,224.64 php B 99.72 php 5,000 php 4,913.78 php Ouestion 10
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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![321, 793.41 php
Question 18
What is the present value of an ordinary annuity of 700 php every 6 months for
4 years at 6% compounded semi - annually?
A
6,224.64 php
B
99.72 php
5,000 php
4,913.78 php
Ouestion 10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53c7f4d4-b0fc-49f0-92a8-d4bc5ef24a1e%2F37d2cad7-8913-4ace-85ce-138d4538f33c%2Fh2of7vn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:321, 793.41 php
Question 18
What is the present value of an ordinary annuity of 700 php every 6 months for
4 years at 6% compounded semi - annually?
A
6,224.64 php
B
99.72 php
5,000 php
4,913.78 php
Ouestion 10
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