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Thats 4 years instead of 8 years b. How much did the grandfather deposit? 2. If Php 10,000 is deposited each year for 9 years,

Thats 4 years instead of 8 years image text in transcribed
b. How much did the grandfather deposit? 2. If Php 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the bank every 8 years starting 1 year after the 9th deposit is made. Cost of money is 14%. Perpetuity - an annuity in which payments continue indefinitely 20

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