4. What is the future value of a 7% -5-year ordinary annuity that pays Php 11,000 each year? If this was an annuity due, what would be its future value? 5. What is the PVA of an ordinary annuity with 10 payments of Php 1,000 each? Interest rate is 6%. What if the interest rate is 5%? 6. What is the present value of a 5-year ordinary annuity of Php 200. There is going to be an additional Php 1,000 at the end of the 5th year. Interest rate is 6%.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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4. What is the future value of a 7% -5-year ordinary annuity that pays Php 11,000 each year? If
this was an annuity due, what would be its future value? 5. What is the PVA of an ordinary
annuity with 10 payments of Php 1,000 each? Interest rate is 6%. What if the interest rate is 5%?
6. What is the present value of a 5-year ordinary annuity of Php 200. There is going to be an
additional Php 1,000 at the end of the 5th year. Interest rate is 6%.
Transcribed Image Text:4. What is the future value of a 7% -5-year ordinary annuity that pays Php 11,000 each year? If this was an annuity due, what would be its future value? 5. What is the PVA of an ordinary annuity with 10 payments of Php 1,000 each? Interest rate is 6%. What if the interest rate is 5%? 6. What is the present value of a 5-year ordinary annuity of Php 200. There is going to be an additional Php 1,000 at the end of the 5th year. Interest rate is 6%.
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