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f money is worth 10% simple interest, find the present value of Php 45 200 due at the end of 5 years. a. Php 61 342 b. Php 58 926 c. Php 67 800 d. Php 77 231

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...

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Question

If money is worth 10% simple interest, find the present value of Php 45 200 due at the end of 5 years.

a. Php 61 342

b. Php 58 926

c. Php 67 800

d. Php 77 231

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