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Math

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3. Find the present value and the amount (future value) of an ordinary annuity of
P5,000 payable semi-annually for 10 years If money is worth 6% compounded
semi-annually

Sagot :

Gonzalesjowel979go Gonzalesjowel979go

Answer:

3,000 PESOS

Step-by-step explanation:

5,000 PESOS × 10 YEARS = 50,000 PESOS

6 PERCENT OF 50,000 PESOS IS 3,000 PESOS

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