Find the present value of 10 semi – annual payments of 500Php each if the first is due after 5 years and money is worth 10% converted semi – annually. 2,307.24Php 2,370.24Php (C 2,370.34Php

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
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Question 9
Find the present value of 10 semi – annual payments of 500OPHP each if the first is due after
years and money is worth 10% converted semi – annually.
2,307.24Php
2,370.24Php
c 2,370.34Php
D 2,307.34Php
Transcribed Image Text:Question 9 Find the present value of 10 semi – annual payments of 500OPHP each if the first is due after years and money is worth 10% converted semi – annually. 2,307.24Php 2,370.24Php c 2,370.34Php D 2,307.34Php
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