What is the difference between the sums of an annuity due and an ordinary annuity for the following data; Periodic Payme
Posted: Mon May 02, 2022 7:25 am
What is the difference between the sums of an annuity due and an
ordinary annuity for the following data;
Periodic Payment= P14,000;
Term= 16 years;
Interest Rate= 10% compounded quarterly
Payment Interval=3 months.
answers must be P53,991.62
ordinary annuity for the following data;
Periodic Payment= P14,000;
Term= 16 years;
Interest Rate= 10% compounded quarterly
Payment Interval=3 months.
answers must be P53,991.62