EXERCISES O Compute for the future galue of annuity given the Fixed Payment (PMT), Interest Rate (1), Number of Years (n), and Frequency of Payments. PMT = P1,000; I = 10%; n = 5 years; Monthly 1. %3D 2. PMT = P100,000; I = 8%; n = 10 years; Annually 3. PMT = P50,000; I = 12%; n = 6 years; Quarterly %3D 4. PMT = P10,000; I = 6%; n = 3 years; Semi-Annually %3D 5. PMT = P1,000,000; I = 7%; n = 5 years; Annually %3D 6. PMT = P10; I = 5%; n = 1 year; Daily %3D %3D

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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Answer numbers: 1 to 6. Please show the solution. Computes for its ORDINARY ANNUITY 

@ Compute for the future value of annuity given the Fixed Payment (PMT), Interest
1. PMT = P1,000; I = 10%; n = 5 years; Monthly
PMT = P50,000; I = 12%; n = 6 years; Quarterly
PMT = P100,000; I = 8%; n = 10 years; Annually
EXERCISES
O Compute for the future ralue of annuity given the Fixed Payment (PMT), Interest
Rate (I), Number of Years (n), and Frequency of Payments.
%3D
%3D
2.
%3D
3.
%3D
%D
PMT = P10,000; I = 6%; n = 3 years; Semi-Annually
%3D
%3D
5.
PMT = P1,000,000; I = 7%; n = 5 years; Annually
%3D
11.303
6. PMT = P10; I = 5%; n =
01
= 1 year; Dailym
%3D
4.
Transcribed Image Text:@ Compute for the future value of annuity given the Fixed Payment (PMT), Interest 1. PMT = P1,000; I = 10%; n = 5 years; Monthly PMT = P50,000; I = 12%; n = 6 years; Quarterly PMT = P100,000; I = 8%; n = 10 years; Annually EXERCISES O Compute for the future ralue of annuity given the Fixed Payment (PMT), Interest Rate (I), Number of Years (n), and Frequency of Payments. %3D %3D 2. %3D 3. %3D %D PMT = P10,000; I = 6%; n = 3 years; Semi-Annually %3D %3D 5. PMT = P1,000,000; I = 7%; n = 5 years; Annually %3D 11.303 6. PMT = P10; I = 5%; n = 01 = 1 year; Dailym %3D 4.
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