Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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49 6:13 * 34 Due Jan 28, 12:59 PM Quarter 2 Module 3: Simple and General Annuities 15 points Add class comment 1. Find the present value and the amount of an ordinary annuity of Php 5,000 payable semi annually for 10 years if money is worth 9% compounded annually. 2. Rody , a buyer of a lot, pays Php 10,000 every month for 10 years. If money is 8% compounded annually, how much is the cash value of the lot? 3. To pay for his debt at 12% compounded semi-annually, Bong Gomez committed for 8 quarterly payments of Php 24, 491.28 each. How much did he borrow? Your work Missing Add private comment
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Transcribed Image Text:49 6:13 * 34 Due Jan 28, 12:59 PM Quarter 2 Module 3: Simple and General Annuities 15 points Add class comment 1. Find the present value and the amount of an ordinary annuity of Php 5,000 payable semi annually for 10 years if money is worth 9% compounded annually. 2. Rody , a buyer of a lot, pays Php 10,000 every month for 10 years. If money is 8% compounded annually, how much is the cash value of the lot? 3. To pay for his debt at 12% compounded semi-annually, Bong Gomez committed for 8 quarterly payments of Php 24, 491.28 each. How much did he borrow? Your work Missing Add private comment
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