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  • More On Time and Money: Directions: Solve The Following Items

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    Catherine Lagario Renante
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    Grade 11 handouts

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    Activity 4

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    Grade 11 handouts

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views1 page

    More On Time and Money: Directions: Solve The Following Items

    Uploaded by

    Catherine Lagario Renante
    Grade 11 handouts

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SH1612

    More on Time and Money


    Annuities

    Directions: Solve the following items.

    1. Payments of 2,000 will occur at the beginning of each semi-annual for 18 years. Find the
    present value and future value of an annuity due if interest is at 12% compounded semi-
    annually.
    2. Solve for the present and future value of an ordinary annuity if payments of 5,000 are made
    every quarter for 10 years at 7% interest compounded quarterly.

    More on Time and Money *Property of STI


    Page 1 of 1

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