question archive Find the present value of an ordinary annuity whose semiannual deposit is P6 000 at 5% compounded semiannually for 5 years
Find the present value of an ordinary annuity whose semiannual deposit is P6 000 at 5% compounded semiannually for 5 years
Subject:AccountingPrice: Bought3
Find the present value of an ordinary annuity whose semiannual deposit is P6 000 at 5% compounded semiannually for 5 years. (3 points) Solution and answer: Unit 13: Simple and General Annuities 2. Find the present value of a series of periodic payments of P2 000 made at the beginning of every month for 4 years if the money is worth 6% compounded monthly. (3 points) Solution and answer:
