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.

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