document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1188030>Question 1188030</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Calculate the present value<BR>\n" );
document.write( "Princial - P5,000 <BR>\n" );
document.write( "Interest rate - 3.6%<BR>\n" );
document.write( "Made of payment - semi-annually<BR>\n" );
document.write( "Length of annuity - 10 years </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #819160 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=819160\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> you can use the following calculator to solve this.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<a  rel=nofollow HREF= \"https://arachnoid.com/finance/index.html\" target = \"_blank\">https://arachnoid.com/finance/index.html</a>\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "assuming you meant that the present value is 5000 and you wanted to find the semi-annual payment, your results are shown below:\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2021/112203.jpg\" >\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "inputs are everything except pmt.<BR>\n" );
document.write( "the payments required are 299.91 at the end of each semi-annual period.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "assuming you meant that the payment was 5000 and you wanted to find the present value, your results are shown below:\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" src = \"http://theo.x10hosting.com/2021/112204.jpg\" >\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "inputs are everything except pv.<BR>\n" );
document.write( "the present value is equal to 83,357.33\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "in both cases, the interest rate per semi-annual period is 3.6/2 = 1.8% and the number of semi-annual time periods is equal to 10 * 2 = 20.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "payments are assumed to be made at the end of each semi-annual time period.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );