Question: Compute for the present value and future value of ordinary annuity and annuity due for each scenario. 1. Your mother is expecting to get P
Compute for the present value and future value of ordinary annuity and annuity due for each scenario. 1. Your mother is expecting to get P 18 000 every year at the end of the next two years after investing in government securities that yield 6% annually. 2. Your father obtained a car loan in 5 equal installments of P 200 000 at the end of the next 5 years with annual rate of 15%. 3. Your brother borrowed from your neighbor to buy a new mobile phone. The neighbor charged 11% for the borrowed amount payable in three annual payments of P 3000
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