Determine the present value and total amount of an annuity with 6 payments of P120,000 each made at the start of each year. Money has a 15 percent quarterly compounding value.
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Determine the present value and total amount of an annuity with 6 payments of
P120,000 each made at the start of each year. Money has a 15 percent quarterly
compounding value.
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- Description Determine the present worth and the accumulated amount of an annuity consisting of 6 payments of P120,000 each. The payment are made at the beginning of each year and money is worth 15% Compounded annually.In a sequence of 10 annual payments of P2,000 each, the first one is due at the end of 6 years. Find the present and future value of the deferred annuity if money is worth 6% compounded annually.Find the amount of an annuity consisting of 16 annual payments of $1000 each into an account that pays 8% interest per year, compounded annually.
- Determine the present worth and the accumulated amount annuity consisting of payment of P120 000 each the payment made at the beginning of each year. Money is worth 15% compounded annually.A certain annuity pays $108 at the end of every 3 months. If the present value of the annuity is $1,200 and the accumulated amount is $2,000, determine the nominal rate.Calculate the present value of a P20,000 annuity paying yearly for eight years, with the first payment due at the end of the eleventh year, assuming money is worth 5% compounded annually.
- Find the present value of each ordinary annuity. Payments of $1400 are made semiannually for 8 years at 6% compounded semiannually.In a sequence of 10 annual payments of 2,000 pesos each, the first one is due at the end of 6 years. Find the present and future value of the deferred annuity if money is worth 6% compounded annually.Determine the present worth and the accumulated amount of an annuity consisting of 6 payments of P120,000 each. The payment are made at the beginning of each year and money is worth 15% compounded annually. (Include a cash flow diagram)
- An annuity provides for 12 annual payments. The first payment is $100. paid at the end of the first year, and each subsequent payment is 5.0% more than the once preceding it. Calculate the present value of this annuity if i= 7.0%.Suppose P1500 is deposited at the end of each year for the next 6 years in an account paying 8% interest compounded annually. Find the future value of this annuity.Using Exhibit 12-1 or the formula, calculate the future value of an annuity due with a monthly payment of $50 made at the beginning of each month for 2.5 years compounding monthly at 6%.