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
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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