5. Find the present value, in pesos, of an annuity of P20,000 payable annually for 8 years, with the first payment at the end of 10 years, if money is worth 5%. A porson buys a piece of proporty for P100 000 down navmont and +en doforred somiannual

Q: ind in m 32, com

A: Principal amount P = 32000 time = 1 year  Rate of interest R = 5% per annum The simple interest is…

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A: Thanks for the question :)And your upvote will be really appreciable ;)

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