SOLUTION: . Find the present worth of a future payment of P100,000 to be made in 10 years with an interest of 12% compounded quarterly.
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-> SOLUTION: . Find the present worth of a future payment of P100,000 to be made in 10 years with an interest of 12% compounded quarterly.
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Question 1040071: . Find the present worth of a future payment of P100,000 to be made in 10 years with an interest of 12% compounded quarterly. Found 2 solutions by addingup, MathTherapy:Answer by addingup(3677) (Show Source):
You can put this solution on YOUR website! 10years quarterly = 40
12% = 0.12
0.12/4 = 0.03 quarterly
:
PV = 100,000/(1+(40*0.03)) = 45,454.55
You can put this solution on YOUR website!
. Find the present worth of a future payment of P100,000 to be made in 10 years with an interest of 12% compounded quarterly.
