The topic is all about annuities. The 4 types of Annuity. The ordinary annuity, deferred annuity, annuity due, perpetuity. Solve the following questions. 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 doesn't use shift solve, use the long method to solve. Thank you.

5. DETERMINE THE ANNUAL PAYMENT IF A LOAN AMOUNTING TO $0,560.45 FROM A BANK WITH AN INTEREST OF 15% COMPOUNDED ANNUALLY WAS AGREED TO PAY ON 14 EQUAL PAYMENTS. THE PAYMENT WILL START AT THE END OF 4 YEARS. 6. XYZ BUILDERS BORROWED MONEY TO BE PAID IN EQUAL PAYMENTS OF P14.500.00 AT THE END OF EVERY 2 MONTHS FOR 9 YEARS. IF THE INTEREST RATE IS 11% COMPOUDED QUARTERLY, HOW MUCH DID THE COMPANY BORROW? I". |L'ZOI'I'IPUTE FOR THE TOTAL AMOUNT AVAILABLE AFTER PAYING FOR 1? YEARS IF P2.100 IS INVESTED COMPOUNDED QUARTERLY AT THE END OF EACH YEAR. THE RATE OF INTEREST IS 6% COMPOUNDED SEMI-ANNUALLY. 3. WHAT IS THE PRESENT WORTH OF A DEFERRED ANNUITY CONSISTING OF 20 SEMI'ANNUAL PAYMENTS AMOUNTING TO P330000? THE FIRST PAYMENT IS AT THE END OF FIFI'H YEAR. MONEY IS WORTH 19% |ICIOMPOUNDED QUARTERLY