If Liera save P 5,000 every end of three months for 10 years having an interest rate of 4% compounded annually then the present

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January 2023 1 2 Report

If Liera save P 5,000 every end of three months for 10 years having an interest rate of 4% compounded annually then the present value of annuity is equal to P181,094.56.
(TRUE OR FALSE ANSWER ASAP)

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norlagasan4

Answer:

True. The present value of an annuity is the present value of a series of future payments or receipts. In this case, the present value of the annuity would be P181,094.56.

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