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What is the future value of an ordinary annuity of month

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Reference no: EM132679130

Question 1: What is the future value of an ordinary annuity of P1,000 per month, for 3 years, at 12% interest compounded monthly?

Question 2: What is the present value of an ordinary annuity of P10,000 per month, for 4 years, at 12% compounded monthly?

Question 3: How much must be deposited now, at 10% compounded semi-annually, to yield an annuity payment of P20,000 at the beginning of each 6-month period, for 7 years?

Reference no: EM132679130

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