I will invest P500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. I have a choice of making that payment of P500 at the beginning or the end of the quarter (regular annuity or annuity due). In which account will I have more money and by how much? Which account will earn the most interest and by how much? 2. I am looking ahead to my retirement and want to be able to retire at 70 and hope to live to 95 and make P3200 a month from an account compounding monthly at 4.5%. I am currently 27 and I am going to deposit P1000 at the beginning of each quarter until I am 70 in an account that pays 8.5% and is compounded quarterly. Will I have enough to make it happen and by how much am I above or below? Annuity Due 1. What is the future value (as of 10 years from now) of an annuity that makes 10 annual payments of P 5,000, if the interest rate is 7% per year compounded quarterly? 2. Mr. GO will receive P8,500 a year for the next 15 years from her trust. If a 7 percent interest rate is applied, what is the current value of the future payments if first receipt occurs today?