Dorena Anie G.

Lili
BSBA 2 FINMA
BM 5
ASSIGNMENT NO. 2
ORDINARY ANNUITY
PROBLEM:
If money can be invested at 5% compounded semiannually, construct tables like those
of Illustrations 1, 2, and 3 of Module 2 (Finding the Future and Present Values of an
Ordinary Annuities) for an annuity of P5,000 payable at the end of each 6 months for 3
years.