ind the future value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the interest rate is 8% compounded quarterly. A. 63, 817.95 B. 297, 452.77 C. 68, 317.95 D. 397, 452.77
ind the future value of an ordinary annuity of Php 6, 500 payable quarterly for 5 years if the interest rate is 8% compounded quarterly. A. 63, 817.95 B. 297, 452.77 C. 68, 317.95 D. 397, 452.77
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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Find the
rate is 8% compounded quarterly.
A. 63, 817.95 B. 297, 452.77 C. 68, 317.95 D. 397, 452.77
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