30. What is the present worth of a P500 annuity starting at the end of the third year and

continuing to the end of the fourth year, if the annual interest rate is 10 %?

31. What annuity is required over 12 years to equate with a future amount of P 20,000?

Assume i= 6% annually.

32. A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the

dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually,

that the final payment will cancel the debt for principal and interest. What is the annual

payment?