1. What is the present value of a deferred annuity of ₱2,500.00 every 3 months for 8 years
1 answer:
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= 2a - 1
2() = 2(2a - 1) <em>multiplied both sides by 2 </em>
ab = 4a - 2 <em>distributed the 2 on the right side</em>
ab - 4a = -2 <em>subtracted 4a from both sides</em>
a(b - 4) = -2 factored out "a" from the left side
a = <em>divided (b - 4) on both sides</em>
Answer: a =
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