Directions: Find the present value P and future valueF of the following ordinary annuities. Write your answer on a separate sheet of paper. 1. Quarterly payments of P2,000 for 5 years with interest rate of 8% compounded quarterly. 2. Semi-annual payments of P8,000 for12 yearswith interest rate of 12% compounded semi-annually 3. Daily payments of P50 for 30 days with interest rate of 20% compounded daily

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