1. Find the present value of a deferred annuity of P4722 every six months for 5 years that is deferred for 1 years, if m
Posted: Wed May 18, 2022 10:44 pm
1. Find the present value of a deferred annuity of P4722 every six months for 5 years that is deferred for 1 years, if money is worth 1% compounded semi-annually. 2. Don Solomon wants to set up a scholarship program with his alma mater. If P505651 is needed per year for the scholars, how much must he invest today at 1.4% compounded annually to fund the scholarship program in perpetuity?