question archive Find the present value of P180,000 perpetuity payable every 3 months if money is worth 8% compounded quarterly?
Find the present value of P180,000 perpetuity payable every 3 months if money is worth 8% compounded quarterly?
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Find the present value of P180,000 perpetuity payable every 3 months if money is worth 8% compounded quarterly?
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Present value of Perpetuity = Periodic payment/ Periodic rate
Present value = 180,000/(0.08/4)
Present value = P9,000,000
