The present value of an annuity of Php5 000 every end of 3 months for 10 years when the interest rate is 4% compounded annually is Php164, 631.30. Identify/find the value of the variables below. Write your answer on the opposite column on each variable P. PV

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The present value of an annuity of Php5 000 every end of 3 months for 10 years when the interest rate is 4%
compounded annually is Php164, 631.30. Identify/find the value of the variables below. Write your answer on
the opposite column on each variable
P.
K.
PV
Transcribed Image Text:The present value of an annuity of Php5 000 every end of 3 months for 10 years when the interest rate is 4% compounded annually is Php164, 631.30. Identify/find the value of the variables below. Write your answer on the opposite column on each variable P. K. PV
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