Individual Assessment 1.b: Simple Annuity Due Directions: Calculate the future value of #1 & 2 and present value of #3, 4 & 5. Length of Annuity 5 years Principal Interest Mode of Future Rate Value Payment Monthly 1. P1,500 3.2% 2. Р3,000 8.2% Bi-Monthly 3 уears Length of Annuity 5 years Principal Interest Mode of Present Rate Payment Value 3. P4,500 5.0% Quarterly 4. P10,000 7.5% Semi-annually 4 years 5. P8,500 5.5% Annually 7 years
Individual Assessment 1.b: Simple Annuity Due Directions: Calculate the future value of #1 & 2 and present value of #3, 4 & 5. Length of Annuity 5 years Principal Interest Mode of Future Rate Value Payment Monthly 1. P1,500 3.2% 2. Р3,000 8.2% Bi-Monthly 3 уears Length of Annuity 5 years Principal Interest Mode of Present Rate Payment Value 3. P4,500 5.0% Quarterly 4. P10,000 7.5% Semi-annually 4 years 5. P8,500 5.5% Annually 7 years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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