Case-based Experience Periodic Periodic Total Period of Present CHOOSING THE RIGHT FORMULA Number of Deferral (d) Value (P) Payments Rate (j) Payment (R) 1. Identify the formula in solving for the present value of deferred annuity. (n) 2. Compute the unknown quantities using the formula for deferred annuity. Quarterly payment of P10,000 7 quarters 1.5% 20 quarterly payments 3. Complete the table by putting your answers on the last column. Monthly 1% 48 monthly 3 months payment of P17,000 payments Monthly 0.75% 12 monthly 3 months payment of P2,500 payments Annual 6% 5 annual 4 years payment of P5,000 payments

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Case-based Experience
Periodic
Payment
(R)
Periodic
Total
Period of
Present
CHOOSING THE RIGHT FORMULA
Number of Deferral (d) Value (P)
Payments
Rate (j)
1. Identify the formula in solving for the present
value of deferred annuity.
(n)
2.
Compute the unknown quantities using the
formula for deferred annuity.
Quarterly
1.5%
20
7 quarters
раyment of
P10,000
quarterly
раyments
3. Complete the table by putting your answers on
the last column.
Monthly
payment of
P17,000
48 monthly
раyments
1%
3 months
Monthly
0.75%
12 monthly
3 months
раyment of
P2,500
раyments
Annual
6%
5 annual
4 years
раyment of
P5,000
payments
Transcribed Image Text:Case-based Experience Periodic Payment (R) Periodic Total Period of Present CHOOSING THE RIGHT FORMULA Number of Deferral (d) Value (P) Payments Rate (j) 1. Identify the formula in solving for the present value of deferred annuity. (n) 2. Compute the unknown quantities using the formula for deferred annuity. Quarterly 1.5% 20 7 quarters раyment of P10,000 quarterly раyments 3. Complete the table by putting your answers on the last column. Monthly payment of P17,000 48 monthly раyments 1% 3 months Monthly 0.75% 12 monthly 3 months раyment of P2,500 раyments Annual 6% 5 annual 4 years раyment of P5,000 payments
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