• If money is worth 7.2% compounded monthly, find the present value and the amount of an annuity of P5500 paid semi-annually for 5 years.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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12:17
INVESTMENT.pnts
Example 2
• If money is worth 7.2% compounded monthly,
find the present value and the amount of an
annuity of P5500 paid semi-annually for 5
years.
口
9/ 36
Transcribed Image Text:12:17 INVESTMENT.pnts Example 2 • If money is worth 7.2% compounded monthly, find the present value and the amount of an annuity of P5500 paid semi-annually for 5 years. 口 9/ 36
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