Homework answers / question archive / Consider the following annuities: Annuity X Annuity Y Monthly investment: P2,000 P4,000 Start: Now 10 years from now Time Period: 20 years 10 years Annual Interest rate: 7% 7% Compounding period: Monthly Monthly Find the total deposit and the amount of each annuity b

Consider the following annuities: Annuity X Annuity Y Monthly investment: P2,000 P4,000 Start: Now 10 years from now Time Period: 20 years 10 years Annual Interest rate: 7% 7% Compounding period: Monthly Monthly Find the total deposit and the amount of each annuity b

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Consider the following annuities: Annuity X Annuity Y Monthly investment: P2,000 P4,000 Start: Now 10 years from now Time Period: 20 years 10 years Annual Interest rate: 7% 7% Compounding period: Monthly Monthly Find the total deposit and the amount of each annuity b. Why are the amounts not the same even if the total deposits are the same? 2. Consider the following annuities: Annuity 1 Annuity 2 Monthly investment: P1,000 Quarterly investment: P3,000 Time Period: 5 years Time Period: 5 years Annual Interest rate: 8% Annual Interest rate: 8% Compounding period: Monthly Compounding period: Quarterly a. Find the total deposit and the amount of each annuity b. Why are the amounts not the same even if the total deposits are the same?