If money is worth 4% compounded semiannually, find the present value and the final amount of an annuity due paying Php11,250 semiannually for 3.5 years. Php64,276.42 and Php72,385.69 respectively Php71,967.75 and Php83,251.80 respectively Php74,955.67 and Php81,765.42 respectively Php74,266.10 and Php85,308.40 respectively 0000

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Q: Find the future value of Php 2,000 after one year at 3% interest rate compound a. quarterly b.…

A: We can find the answers as below.

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Q: What lump sump of money must be deposited in a bank account at present time so that Php 500 monthly…

A: The complete solutions are given below

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