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.

3. ABC CONSTRUCTION INVESTED P50,000 PAYABLE SEMI-ANNUALLY FOR 11 YEARS. EACH PAYMENT IS PAYABLE AT THE BEGINNING OF EACH PERIOD. THE RATE OF INTEREST IS 22% COMPOUNDED QUARTERLY. DETERMINE THE AMOUNT FOR EACH PAYMENT. 4. IF THE MONEY IS WORTH 17% COMPOUNDED BI-MONTHLY, DETERMINE THE VALUE OF P22,000 INVESTED INFINITELY PAYABLE SEMI-ANNUALLY