An investment will have a future value equal to Php180,250 after 6 years. It has a nominal rate of 10.5% that is compounded quarterly. What is the present value of the investment? O Php93,450.70 O Php67,347.03 O Php85,702.10 O Php96,783.02

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter12: Capital Investment Decisions
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Problem 5MCQ: An investment of 1,000 produces a net cash inflow of 500 in the first year and 750 in the second...
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An investment will have a future value equal to Php180,250 after 6 years. It has a
nominal rate of 10.5% that is compounded quarterly. What is the present value of the
investment?
Php93,450.70
O Php67,347.03
O Php85,702.10
Php96,783.02
Transcribed Image Text:An investment will have a future value equal to Php180,250 after 6 years. It has a nominal rate of 10.5% that is compounded quarterly. What is the present value of the investment? Php93,450.70 O Php67,347.03 O Php85,702.10 Php96,783.02
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