An online seller sells RTW for P4,500 for 75 pieces of trendy tiktok tops. Lara offered to buy the clothes P3,750. They both agreed at Lara's price plus P250.00. How much is the fair market value of the ornamental plant? * Php 250.00 Php 3,750.00 Php 4,000.00 O Php 4,500.00

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 25PROB
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DISCLAIMER THIS IS MY ASSIGNMENT :) ALSO OUR TOPIC IS GENERAL MATH, IDK WHAT TO CHOOSE SUBJECT.
1.
A deferred annuity is purchased that
U. will pay Php 10,000.00 per quarter
An online seller sells RTW for P4,500
for 75 pieces of trendy tiktok tops.
Lara offered to buy the clothes
for 15 years after being deferred for 6
P3,750. They both agreed at Lara's
years and with interest rate of 6%
price plus P250.00. How much is the
compounded quarterly. How many
fair market value of the ornamental
periods are being deferred? *
plant? *
k = 4 periods
Php 250.00
k = 6 periods
Php 3,750.00
O k= 12 periods
Php 4,000.00
Php 4,500.00
k = 24 periods
2.
Chester works very hard because he
wants to have enough money in his
retirement when he reaches the age
of 60. He wants to withdraw Php
32,000 every 3 months for 15 years
starting 3 months after he retires.
How must Chester deposit at
retirement at 10% per year
compounded quarterly for the
annuity?( Use the Present Value of
simple Annuity) *
Php 989,077.00
Php 989,707.00
Php 989,770.00
Php 989,070.00
Transcribed Image Text:1. A deferred annuity is purchased that U. will pay Php 10,000.00 per quarter An online seller sells RTW for P4,500 for 75 pieces of trendy tiktok tops. Lara offered to buy the clothes for 15 years after being deferred for 6 P3,750. They both agreed at Lara's years and with interest rate of 6% price plus P250.00. How much is the compounded quarterly. How many fair market value of the ornamental periods are being deferred? * plant? * k = 4 periods Php 250.00 k = 6 periods Php 3,750.00 O k= 12 periods Php 4,000.00 Php 4,500.00 k = 24 periods 2. Chester works very hard because he wants to have enough money in his retirement when he reaches the age of 60. He wants to withdraw Php 32,000 every 3 months for 15 years starting 3 months after he retires. How must Chester deposit at retirement at 10% per year compounded quarterly for the annuity?( Use the Present Value of simple Annuity) * Php 989,077.00 Php 989,707.00 Php 989,770.00 Php 989,070.00
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