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P114,046.68 Notice that there are two stages in finding the present val a deferred annuity: (1) find the value of the payment at th start of the payment period by using the formula for the present value of an annuity, and then (2) fin the value of t amount to be obtained at the start (or time 0) by using th formula for the present value of a single amount given in formula of the resent value of a deferred annuity, If the period is k-years, you call the annuity a k-year defer annuity ACTIVITY 3 Answer as indicated. Write your answers in a separate sh paper. 1. Find the present value of a 2-year deferred annuity at interest compounded quarterly with payments of P1,000 every quarter for 3 years. 2. Find the present value of a 3-year deferred annuity wi regular payments of P10,000 compounded annually at a interest rate of 3%.

P114,046.68 Notice that there are two stages in finding the present val a deferred annuity: (1) find the value of the payment at th start of the payment period by using the formula for the present value of an annuity, and then (2) fin the value of t amount to be obtained at the start (or time 0) by using th formula for the present value of a single amount given in formula of the resent value of a deferred annuity, If the period is k-years, you call the annuity a k-year defer annuity ACTIVITY 3 Answer as indicated. Write your answers in a separate sh paper. 1. Find the present value of a 2-year deferred annuity at interest compounded quarterly with payments of P1,000 every quarter for 3 years. 2. Find the present value of a 3-year deferred annuity wi regular payments of P10,000 compounded annually at a interest rate of 3%.

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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PLIS950.64 P114,046.68 Notice that there are two stages in finding the present vale a deferred annuity: (1) find the value of the payment at th start of the payment period by using the formula for the present value of an annuity, and then (2) fin the value of t amount to be obtained at the start (or time 0) by using th formula for the present value of a single amount given in formula of the resent value of a deferred annuity. If the period is k-years, you call the annuity a k-year defer annuity ACTIVITY 3 Answer as indicated. Write your answers in a separate sh paper. 1. Find the present value of a 2-year deferred annuity at interest compounded quarterly with payments of P1,000 every quarter for 3 years. 2. Find the present value of a 3-year deferred annuity wi regular payments of P10,000 cormpounded annually at a interest rate of 3%.
Transcribed Image Text:PLIS950.64 P114,046.68 Notice that there are two stages in finding the present vale a deferred annuity: (1) find the value of the payment at th start of the payment period by using the formula for the present value of an annuity, and then (2) fin the value of t amount to be obtained at the start (or time 0) by using th formula for the present value of a single amount given in formula of the resent value of a deferred annuity. If the period is k-years, you call the annuity a k-year defer annuity ACTIVITY 3 Answer as indicated. Write your answers in a separate sh paper. 1. Find the present value of a 2-year deferred annuity at interest compounded quarterly with payments of P1,000 every quarter for 3 years. 2. Find the present value of a 3-year deferred annuity wi regular payments of P10,000 cormpounded annually at a interest rate of 3%.
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