How much is the present value of your investment if you invest P2,000 semi-annually at the start of every six months for a period of 4 years with interest rate of 21 percent per annum?| 6.
How much is the present value of your investment if you invest P2,000 semi-annually at the start of every six months for a period of 4 years with interest rate of 21 percent per annum?| 6.
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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Question
![How much is the present value of
your investment if you invest P2,000
semi-annually at the start of every six
months for a period of 4 years with
interest rate of 21 percent per annum?|
6.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F92966a3c-18f1-4ed4-84ba-a5cac2fa587b%2Fd22db72a-7430-4d77-8e73-2c51673314ab%2Fxzq6esg_processed.png&w=3840&q=75)
Transcribed Image Text:How much is the present value of
your investment if you invest P2,000
semi-annually at the start of every six
months for a period of 4 years with
interest rate of 21 percent per annum?|
6.
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