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ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT 9. At 7% compounded quarterly, what is the present value of an annuity due of P7,500 every 3
ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT
9. At 7% compounded quarterly, what is the present value of an annuity due of P7,500 every 3 months for 5 years and 9 months? 10. A debt of P3,500 is due now. Find the monthly payment necessary to cancel the obligation in 1.5 years. Assume money is worth 9 % , m - 12Step by Step Solution
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