Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 27, 2024

Mrs. Lazada is convince to invest to an insurance company with 4% interest compounded annually and the maturity of 10 years. The investment can be

Mrs. Lazada is convince to invest to an insurance company with 4% interest compounded annually and the maturity of 10 years. The investment can be partially or fully withdrawn any time. What is the present value withdrawable of her investment after maturity if she withdraws Pl0,000 on her 3rd year, PS,000 on her 4th year and P20,000 on her 8 year? Assume she pays P20,000 yearly

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

More Books

Students also viewed these Accounting questions

Question

★★★★★

The intangible assets section of Whitley Company at December 31, 2016, is presented below. Patents (100,000 cost less 10,000 amortization)........................... 90,000 Copyrights (80,000 cost...

Answered: 1 week ago

Question

★★★★★

I have $25,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10% compounded annually. Help me to create an amortization schedule....I need to...

Answered: 1 week ago

Question

★★★★★

1.. Profile an individual whose leadership skills have played a significant role in the success of a service organization, identifying personal characteristics that you consider important.

Answered: 1 week ago

Question

★★★★★

The following are the eight balance-related audit objectives, six tests of details of balances for accounts receivable, and seven tests of controls or substantive tests of transactions for the sales...

Answered: 1 week ago

Question

★★★★★

Mrs. Lazada is convince to invest to an insurance company with 4% interest compounded annually and the maturity of 10 years. The investment can be partially or fully withdrawn any time. What is the...

Answered: 1 week ago

Question

★★★★★

Discuss how your current organization or organization with which you are familiar identifies workplace hazards. Is it effective? What improvements would you recommend

Answered: 1 week ago

Question

★★★★★

What is the Pearson correlation coefficient, r, for X and Y based on the data below? X Y 1 14.79 2 12.28 3 11.77 4 11.86 5 14.45 There were three formulas for the Pearson correlation coefficient...

Answered: 1 week ago

Question

★★★★★

(a) Explain the implications for the real estate agency where: inaccuracies occur in the operation of the trust account and fraud occurs in the operation of the trust account (40 - 50 words) Explain...

Answered: 1 week ago

Question

★★★★★

18. Determine the coordinates of the absolute extremes of y = 3sinx(cosx), 0 x2. [9 Marks]

Answered: 1 week ago

Question

★★★★★

Write the rectangular equation by eliminating the parameter. x = e e and y = e - 1

Answered: 1 week ago

Question

★★★★★

7. A volcano in Hawaii is erupting and is spewing rocks and debris at a speed of 880 ft/sec at an angle of 60 degrees from the horizontal forma height of 4091 feet. Will a rock thrown from the...

Answered: 1 week ago

Question

★★★★★

1. Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse relationship? How does it graph? What is a direct relationship? How does it graph? LO1.8

Answered: 1 week ago

Question

★★★★★

2. Describe the graphical relationship between ticket prices and the number of people choosing to visit amusement parks. Is that relationship consistent with the fact that, historically, park...

Answered: 1 week ago

Question

★★★★★

5. For each of the following situations involving marginal cost (MC) and marginal benefit (MB), indicate whether it would be best to produce more, fewer, or the current number of units. LO1.4 a....

Answered: 1 week ago

Previous Question Next Question