Find the difference between the sums of a mature annuity and an ordinary annuity for the following
Fantastic news! We've Found the answer you've been seeking!
Question:
Find the difference between the sums of a mature annuity and an ordinary annuity for the following data.
Periodic payment = P19,000
Payment interval = 3 months
Term = 12 years
Interest rate = 13.8% compounded quarterly
Express your answer as a whole number.
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date: