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1.) Based on the picture find the following: a.) What will be the worth of the deposits at year 40? b.) What will be the
1.) Based on the picture find the following:
a.) What will be the worth of the deposits at year 40?
b.) What will be the present worth of the withdrawals?
c.) What will be the present worth of both the deposits and withdrawals?
Deposits of Php. 10,000, Php. 23667, and Php. 50,000 were made at the end of the years 4,7, and 10, respectively, with 8.33% compounded 4 times a year. Withdrawals of 16669. Php 20,000, Php. 14294, and Php 1,000 were made at the end of years 20, 27, 30, and 32. However, the Interest rate per period changed at the end of year 10 from 8.33% to 11.01% compounded 4 times a year
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