Match the column. Column X Column Y Column Z 1. A car is to be purchased in
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Column X Column Y Column Z 1. A car is to be purchased in monthly payments of 17 000.00 Php for 4 years starting at the end of 4 A. Simple Annuity a. 36 647.36 Php months. How much is the cash value of the car if the interest used is 12% monthly? _ 2. A four-year lease agreement requires payments of 10 000.00 Php at the beginning of every year. If the interest is 6% compounded monthly, what is the cash value of B. General Annuity b. 6 825.05 Php the lease? C. Deferred Annuity 3. You make eleven semi- annual deposits of 550.00 Php into a savings account. The interest rate is 4.72% c. 626 571.56 Php compounded quarterly. What will be its account balance? Column X Column Y Column Z 1. A car is to be purchased in monthly payments of 17 000.00 Php for 4 years starting at the end of 4 A. Simple Annuity a. 36 647.36 Php months. How much is the cash value of the car if the interest used is 12% monthly? _ 2. A four-year lease agreement requires payments of 10 000.00 Php at the beginning of every year. If the interest is 6% compounded monthly, what is the cash value of B. General Annuity b. 6 825.05 Php the lease? C. Deferred Annuity 3. You make eleven semi- annual deposits of 550.00 Php into a savings account. The interest rate is 4.72% c. 626 571.56 Php compounded quarterly. What will be its account balance?
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Column x Column y Column z Simple Annuity You make eleven se... View the full answer
Related Book For
Construction accounting and financial management
ISBN: 978-0135017111
2nd Edition
Authors: Steven j. Peterson
Posted Date:
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