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ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT 5. What deposit in a trust bank will supply an income of P4,500 per quarter for 6 years,

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ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT

5. What deposit in a trust bank will supply an income of P4,500 per quarter for 6 years, if the bank's rate is 8%, compounded quarterly? 6. If money is worth 7.5% converted semiannually, what single payment now is equivalent to 10 semiannual payments of P6,250

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