0.02100,0009.954003994RI9.954 99419.9003994Hence, the amount of yearly withdrawal is P10,046.21.1PERIODIC PAYMENT R OF AN ANNUITY:Periodic payment R can also be solved using the formula for amountFuture value F or Present Value P of an annuity.mt1+F = RR =mtmtP.P RR =1-(1+)Note: j-=n = mtwhere R is the regular paymentP is the present value of an annuityF is the future value of an annuityj is the interest rate per periodn is the number ofpaymentsWhat have I have learned...Complete the sentence below. Write your answers on a separate sheet of paper.1.is a sequence of payments made at equal (fixed) intervals orperiods of time.2.is the sum of present value of all the payments to be madeduring the entire term of the annuity.3.is an annuity where the payment interval is the same as theinterest period.4.is a type of annuity in which the payments are made at theend of each payment interval.is the sum of future values of all payments to be made5.during the entire term of the annuity.Additional Activities...Answer as indicated. Write your answers in a separate sheet of paper.1. In a certain account providing an interest rate of r compounded quarterly, P2,500 isdeposited every end of the quarter. What value of r will make the future value of theaccount P5,200 in six months?-IE

“Since you have asked multiple questions, we will solve the first question for you. If you want a…

Answered: Complete the sentence below. Write your…

Complete the sentence below. Write your answers on a separate sheet of paper. 1. is a sequence of payments made at equal (fixed) intervals or periods of time. lue of all the navments to be made

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

0.02
100,000
9.954003994
RI9.954 9941
9.9003994
Hence, the amount of yearly withdrawal is P10,046.21.1
PERIODIC PAYMENT R OF AN ANNUITY:
Periodic payment R can also be solved using the formula for amount
Future value F or Present Value P of an annuity.
mt
1+
F = R
R =
mt
mt
P.
P R
R =
1-(1+)
Note: j-=
n = mt
where R is the regular payment
P is the present value of an annuity
F is the future value of an annuity
j is the interest rate per period
n is the number of
payments
What have I have learned...
Complete the sentence below. Write your answers on a separate sheet of paper.
1.
is a sequence of payments made at equal (fixed) intervals or
periods of time.
2.
is the sum of present value of all the payments to be made
during the entire term of the annuity.
3.
is an annuity where the payment interval is the same as the
interest period.
4.
is a type of annuity in which the payments are made at the
end of each payment interval.
is the sum of future values of all payments to be made
5.
during the entire term of the annuity.
Additional Activities...
Answer as indicated. Write your answers in a separate sheet of paper.
1. In a certain account providing an interest rate of r compounded quarterly, P2,500 is
deposited every end of the quarter. What value of r will make the future value of the
account P5,200 in six months?
-IE

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