Group

Assignment ES032-P3

PRESENTED BY
GROUP 3
Hello!
We are

Group 3!
 Meet The Group

CANSANCIO,
CATARMAN,
CUIZON,
DALUZ, MARY
DIOSANA, GWEN

CHRISTIAN JAY KENT JOERYLL JUNE JOY MERRY

ASSIGNMENT

4
Create your own deferred annuity

problems for each of the following:

1. Finding P given A

2. Finding F given A
 Finding P given A
TOBI WISHES TO BUY HIS DREAM CAR

SO HE DECIDED TO SAVE UP HIS MONEY

TO THE BANK. HE WANTS TO KNOW

HOW MUCH SHOULD HE DEPOSIT IN THE

BANK WITH 5% INTEREST IN ORDER TO

WITHDRAW PHP 4000 ON THE 7TH,

8TH, 9TH AND 10TH YEARS.

GIVEN:
A = ₱4,000
N = 4 years (7th, 8th, 9th, 10th years)
Cash Flow
i = 5% = 0.05

FORMULA:
Solution:
 Finding F given A

RAMOS PLANS TO DEPOSIT ₱800.00 PER

MONTH FOR 20 YEARS WITH AN INTEREST RATE

OF 3.5%. HE PLANS TO START 5 YEARS FROM

TODAY. HOW MUCH MONEY WILL BE IN HIS

BANK ACCOUNT AFTER 20 YEARS?

 Cash Flow
GIVEN:
A = ₱800.00 per month
= ₱9,600 annually
N = 20 years
i = 3.5% or 0.035

FORMULA:
Solution:
Thank
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