Assessment 2 1 - Lecture notes 7 Lecture notesb7 PDF

Title	Assessment 2 1 - Lecture notes 7 Lecture notesb7
Course	Corporate Law
Institution	Philippine Normal University
Pages	8
File Size	796.8 KB
File Type	PDF
Total Downloads	566
Total Views	743

Preview

CLICK TO PREVIEW PDF

Summary

Find the accumulated amount of the ordinary annuity paying an amortization of 1000P per month at a rate of 12% compounded monthly for 5 years. GIVEN: A = 1000P ; j = 12% → i = 1% ≈ 0 ; n = 5 years ≈ 60 monthsREQUIRED: F =?SOLUTION:F = A (( 1 + i )n − 1i )F = 1000 (( 1 +0) 60 − 10 )F= 81670 P What pr...

Description

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00

This study source was downloaded by 100000830116619 from CourseHero.com on 12-01-2021 23:59:06 GMT -06:00...