The topic is all about annuities. Here are the 4 types of Annuity. If the problem says at the end of each period it means it is an ordinary annuity. The deferred annuity payments are deferred for several periods. The Annuity Due payments are made at the beginning of each period. Lastly, the perpetuity of the payments continues indefinitely.

Direction: Solve the following questions below. Use pen and paper to solve and please show the step-by-step solution.

Note: if there is an effective rate of interest use it, then don't use shift solve, use the long method to solve. Thank you.

1. P23,95U.?5 IS DEPOSITED ANNUALLY TO A BANK AT THE BEGINNING OF EACH YEAR AT 14% COMPOUNDED QUARTERLY. COMPUTE FOR THE FUTURE WORTH. 2. WHAT IS THE PRESENT WORTH IN PESOS OF P13,DUU IF INVESTED IN A BANK INFINITELY PAYABLE QUARTERLY, IF THE MONEY IS WORTH 12% COMPOUNDED BI-MONTHLY