1. Discount P 36,000 due in 4 years at 11% compounded quarterly. 2. Find the present value of P30,000 due at the end of 8 years and 2 months if money's worth 15% compcunded monthly. 3. Discount P60,000 due in 40 years at 12% compounded quarterly. 4. Find the present value of P120,000 due at the end of 15 years and 2 months if money's worth 15% compounded monthly.

1. Discount P 36,000 due in 4 years at 11% compounded quarterly. 2. Find the present value of P30,000 due at the end of 8 years and 2 months if money's worth 15% compcunded monthly. 3. Discount P60,000 due in 40 years at 12% compounded quarterly. 4. Find the present value of P120,000 due at the end of 15 years and 2 months if money's worth 15% compounded monthly.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section1.4: Perform Time Value Of Money Calculations

Problem 3CC

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