Money is worth 12% compounded quarterly. What is the future value of the annuity payir arterly for 10 years? Money is worth 8% compounded semiannually What is the future value of the annuity pa miannually for five (5) years? Money is worth 12% compounded quarterly What is the present value of the annuity pay arterly for 10 years? Money is worth 8% compounded semiannually What is the present value of the annuity p miannually for five (5) years? Answer with text and/or attachments

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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1. Money is worth 12% compounded quarterly. What is the future value of the annuity paying P1,000
quarterly for 10 years?
2. Money is worth 8% compounded semiannually What is the future value of the annuity paying P2,000
semiannually for five (5) years?
3. Money is worth 12% compounded quarterly What is the present value of the annuity paying P1,000
quarterly for 10 years?
4. Money is worth 8% compounded semiannually What is the present value of the annuity paying P2,000
semiannually for five (5) years? Answer with text and/or attachments
Transcribed Image Text:1. Money is worth 12% compounded quarterly. What is the future value of the annuity paying P1,000 quarterly for 10 years? 2. Money is worth 8% compounded semiannually What is the future value of the annuity paying P2,000 semiannually for five (5) years? 3. Money is worth 12% compounded quarterly What is the present value of the annuity paying P1,000 quarterly for 10 years? 4. Money is worth 8% compounded semiannually What is the present value of the annuity paying P2,000 semiannually for five (5) years? Answer with text and/or attachments
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