ORDINARY ANNUITY, ANNUITY DUE AND PERIODIC PAYMENT Find the amount of an annuity of P500 payable at the end of each 3 months for 8 years if money is worth 12% compounded quarterly 1. 2. To buy a second hand car in 5 years, Jun Dionisio deposits P1,500 a month at a bank paying 99% interest, converted monthly. How much will he have after such period? 3. If P450 is deposited at the end of every second month in account that pays 9%, converted bimonthly, how much will be in the account at the end of 5 years and 10 months? A building is leased for 5 years at P20,000 per month. Find the cash equivalent of the least at 8.4%, compounded monthly 4. What deposit in a trust bank will supply an income of P4,500 per quarter for 6 years, if the 5. bank's rate is 8%, compounded quarterly