this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten An obligation of P31,300 is due on April 16, 2013. What is the value ofthis obligation on December 16, 2009 at 18% compounded bimonthly?Solution:

Time value of money is the concept that tells the value of money differs at different points of…

Answered: An obligation of P31,300 is due on…

An obligation of P31,300 is due on April 16, 2013. What is the value of this obligation on December 16, 2009 at 18% compounded bimonthly? Solution:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten

An obligation of P31,300 is due on April 16, 2013. What is the value of
this obligation on December 16, 2009 at 18% compounded bimonthly?
Solution:

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