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Find the present value of 10 semi- annual payments of 5,000Php each if the first is due at the end of 4 years and money is worth 10% converted semi - annually. 81,411.13Php 2,613.19PHP 26,131.87Php 18.411.13Php

Find the present value of 10 semi- annual payments of 5,000Php each if the first is due at the end of 4 years and money is worth 10% converted semi - annually. 81,411.13Php 2,613.19PHP 26,131.87Php 18.411.13Php

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 1E: An annuity is a sum of money that is paid in regular equal payments. The __________ of an annuity is...
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Find the present value of 10 semi – annual payments of 5,000Php each if the first is due at the end of 4 years and money is worth 10% converted semi – annually. A 81,411.13Php B. 2,613.19Php 26,131.87Php 18.411.13Php
Transcribed Image Text:Find the present value of 10 semi – annual payments of 5,000Php each if the first is due at the end of 4 years and money is worth 10% converted semi – annually. A 81,411.13Php B. 2,613.19Php 26,131.87Php 18.411.13Php
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