1. What is the present worth of P5200 deposited at the end of every three months for...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. What is the present worth of P5200 deposited at the end of every three months for 4years if the interest rate is 8% compounded semiannually?
2. You wishes to set up a special fund by making uniform semiannual end-of-period deposits for 20 years. The fund is to provide P450,000 at the end of each of the last five years of the 20-year period. If interest is 14% compounded semiannually, what is the required semiannual deposit to be made?
3. A debt of P228,000 is amortized by making equal payments at the end of every six months for 7 years, and interest is 12% compounded semi-annually.
Construct an amortization schedule.
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date: