The future value of an ordinary annuity of Php 1,000 each year for 10 years, deposited at 3 percent, is 40 A. Php 11808 C Pho 8530 8. Php 11,464 D. Php 10,000

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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40. The future value of an ordinary annuity of Php 1,000 each year for 10 years, deposited at 3
percent, is
A. Php 11,808
C Php 8,530
8. Php 11,464
D. Php 10,000
Transcribed Image Text:40. The future value of an ordinary annuity of Php 1,000 each year for 10 years, deposited at 3 percent, is A. Php 11,808 C Php 8,530 8. Php 11,464 D. Php 10,000
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