What is the present value of an annual annuity payment of Php7,000 made for 12 years with a required return of 5% with the first payment starting today? A. Php3,898 B. Php65,145 C. Php62,043 D. Php11,200 What is the present value of a semi-annual ordinary annuity payment of Php7,000 made for 12 years with a required annual return of 5%? A. Php 65,145 B. Php128,325 C. Php125,195 D. Php 62,043
What is the present value of an annual annuity payment of Php7,000 made for 12 years with a required return of 5% with the first payment starting today? A. Php3,898 B. Php65,145 C. Php62,043 D. Php11,200 What is the present value of a semi-annual ordinary annuity payment of Php7,000 made for 12 years with a required annual return of 5%? A. Php 65,145 B. Php128,325 C. Php125,195 D. Php 62,043
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the present value of an annual annuity payment of Php7,000 made for 12 years with a required return of 5% with the first payment starting today?
A. Php3,898 B. Php65,145 C. Php62,043 D. Php11,200
What is the present value of a semi-annual ordinary annuity payment of Php7,000 made for 12 years with a required annual return of 5%?
A. Php 65,145 B. Php128,325 C. Php125,195 D. Php 62,043
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