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Mathematics, 15.02.2021 08:30 liluv6650

1) Find the present value of 10 semi-annual payments of Php2,000.00 each if the first payment is due at the end of 3 years and money is worth 8% compounded semi-annually.
2) A deferred annuity is purchased that will pay Php 5,000.00 per quarter for 10 years after being deferred for 5 years and with
interest rate of 6% compounded quarterly. What is the present value of the annuity?
Solution for No. 1:
Solution for No.2

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