Please solve for 26 don’t use excel E. DEFERRED ANNUITY PROBLEMS:23. Find the present value of a deferred annuity of P760 every six months for 5 yearsthat is deferred 3 years, if money is worth 4% compounded semiannually.-24. Find the present value of a deferred annuity of P760 every six months for 5 years,if the first payment is made in 2 years, and money is worth 5% compoundedsemiannually.25. Find the quarterly payment for 21 quarters to discharge an obligation ofP24,500, if money is worth 4% compounded quarterly and the first payment isdue at the end of 2 years and 9 months.26. Find the semi-annual payment at the end of every six months, the first paymentis due at the end of 7 years and the last at the end of 12 years for a loan ofP500,500, if money is worth 3% compounded semi-annually.

An annuity is a payment plan where future periodic payments are made in exchange for a lump sum…

due at the end of 2 years and 9 mon 26. 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.

due at the end of 2 years and 9 mon 26. 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.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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ne File Edit View History Bookmarks Profiles Tab Window Help M Inbox (2 x MACC101 x (4726) || X Account x| Account X WiConnec× M Question X Content c ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%2 Chapter 7 Quiz i 7 7.58 points Ask Mc Graw Hill Saved QS 7-13 (Algo) Indicating journals used for posting LO P1, P2, P3, P4 The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Accounts Receivable Inventory Debit (d) 700 Credit (e) Debit 340 (b) 1,700 Credit (d) Debit Credit 700 (a) 1,520 (c) 1,040 Accounts Payable Sales Debit (e) 340 Credit (a) Debit 1,520 Credit (b) Cost of Goods Sold Credit Debit 1,700 (c) 1,040 Transaction a. b. C. d. e. Journal 12.020 ANE 18 tv A
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1

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