SOLUTION: Calculate the present value Princial - P5,000 Interest rate - 3.6% Made of payment - semi-annually Length of annuity

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Question 1188030: Calculate the present value
Princial - P5,000
Interest rate - 3.6%
Made of payment - semi-annually
Length of annuity - 10 years
Answer by Theo(13342) (Show Source):
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assuming you meant that the present value is 5000 and you wanted to find the semi-annual payment, your results are shown below:

inputs are everything except pmt.
the payments required are 299.91 at the end of each semi-annual period.

assuming you meant that the payment was 5000 and you wanted to find the present value, your results are shown below:

inputs are everything except pv.
the present value is equal to 83,357.33

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.

payments are assumed to be made at the end of each semi-annual time period.

SOLUTION: Calculate the present value Princial - P5,000 Interest rate - 3.6% Made of payment - semi-annually Length of annuity - 10 years