Answered: 29. If money is worth 5% compounded…

29. If money is worth 5% compounded semi-annually, find the, present value of a sequence of 12 semi-annual payments at P 500 each, the first of which is due at the end of 4 ½ years.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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29. If money is worth 5% compounded semi-annually, find the, present value of a sequence of 12 semi-annual payments at P 500 each, the first of which is due at the end of 4 ½ years.

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