PATULONG PO PLS⁉️⁉️⁉️
1. Find the present value of a 2-year deferred annuity at 4% interest
compounded quarterly with payments of P1,000 made every quarter for 3
years.
2.Find the present value of a 3-year deferred annuity with regular payments
of P10,000 compounded annually at an interest rate of 3%.
Answers & Comments
Answer:
1.) 1.92
2.)2.7
I hope it helps:)
that is deferred 3 years if money is worth 6% converted or compounded quarterly? Use the
formula P = R
1-(1+1)-(k+n)
1-(1+1)-k
-R
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