Draw the necessary cash flow diagrams. Prob#1: Determine the present worth of an annual payment of P 4500.00 :   If made at the beginning of the year for 12 years at 8% compounded annually.   If made at the end of each month for 5 years at 4% compounded monthly.   If 15 payments start at the end of year 4 at 6% compounded annually.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
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Draw the necessary cash flow diagrams.

Prob#1: Determine the present worth of an annual payment of P 4500.00 :  

  1. If made at the beginning of the year for 12 years at 8% compounded annually.  
  2. If made at the end of each month for 5 years at 4% compounded monthly.  
  3. If 15 payments start at the end of year 4 at 6% compounded annually.
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