Find the present value of an annuity of P30,000 payable annually for 10 years with the first payment at the end of the 10th year, if the money is worth 8% compounded annually.
Find the present value of an annuity of P30,000 payable annually for 10 years with the first payment at the end of the 10th year, if the money is worth 8% compounded annually.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
Related questions
Question
![Find the present value of an annuity of P30,000 payable annually for 10 years with the first
payment at the end of the 10th year, if the money is worth 8% compounded annualy.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27d38c8a-02fb-4e13-8bad-243cfb8692da%2F385e07f5-b417-498a-9571-14d1cb7922c9%2Fb7lbkhd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find the present value of an annuity of P30,000 payable annually for 10 years with the first
payment at the end of the 10th year, if the money is worth 8% compounded annualy.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Structural Analysis](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781337630931/9781337630931_smallCoverImage.jpg)
![Structural Analysis (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134610672/9780134610672_smallCoverImage.gif)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
![Principles of Foundation Engineering (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337705028/9781337705028_smallCoverImage.gif)
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
![Structural Analysis](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781337630931/9781337630931_smallCoverImage.jpg)
![Structural Analysis (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134610672/9780134610672_smallCoverImage.gif)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
![Principles of Foundation Engineering (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337705028/9781337705028_smallCoverImage.gif)
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
![Fundamentals of Structural Analysis](https://www.bartleby.com/isbn_cover_images/9780073398006/9780073398006_smallCoverImage.gif)
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
![Sustainable Energy](https://www.bartleby.com/isbn_cover_images/9781337551663/9781337551663_smallCoverImage.gif)
![Traffic and Highway Engineering](https://www.bartleby.com/isbn_cover_images/9781305156241/9781305156241_smallCoverImage.jpg)
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning