25. Y deposits P 50,000 in a bank compounded annually at 10% interest, how much is the future value of the principal at the end of year 2?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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25. Y deposits P 50,000 in a bank compounded annually at 10% interest, how much is the future value of the principal at the end of year 2?

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