ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT

11. Melvin Marques wishes to accumulate P170,000 in 5 years. How much should he invest each quarter at 10% compounded quarterly? 12. A man owes P80,000 due at the end of 8 years. How much should he set aside at the end of every 6 months to accumulate to the amount of debt if money is worth 8% compounded semiannually