Deferred Annuity (please don’t use excel) 1. Find the present value of a deferred annuity of P1,250 a year for 7 years that is deferred 6 years, If money is worth 5% effective
Deferred Annuity (please don’t use excel) 1. Find the present value of a deferred annuity of P1,250 a year for 7 years that is deferred 6 years, If money is worth 5% effective
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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Deferred Annuity (please don’t use excel)
1. Find the present value of a deferred annuity of P1,250 a year for 7 years that is deferred 6 years, If money is worth 5% effective
2. Find the semi-annual payment at the end of every six months, the first payment is due at the end of 7 years and the last at the end of 12 years for a loan of P500,500, if money is worth 3%, compounded semi-annually
3. Find the present value of a deferred annuity of P465 every three months for 8 years that is deferred 4 years and 3 months, if money is worth 6% compounded quarterly.
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