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4. If money is worth 12% annually, find the present value and the amount of an annuity of P2,000 payable for 10 years. - 5.

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4. If money is worth 12% annually, find the present value and the amount of an annuity of P2,000 payable for 10 years. - 5. In order to create a fund for his forthcoming business venture, Jayvee decides to deposit P5,000 at the end of each month. If the bank pays 4% compounded monthly on his deposits, how much is in it at the end of 2 years

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