Find the future value (A) of each of the following investments. Use an exact interest year where appropriate. Principal Time Interest years Future value Php 70,000 2 years 9% Php 900,000 6 months 10.5% Php 180,000 ½ year 12.6% Php 180,000 9 months 8%

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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Find the future value (A) of each of the following investments. Use an exact interest
year where appropriate.
Principal
Time
Interest years
Future value
Php 70,000
2 years
9%
Php 900,000
6 months
10.5%
Php 180,000
½ year
12.6%
Php 180,000
9 months
8%
Transcribed Image Text:Find the future value (A) of each of the following investments. Use an exact interest year where appropriate. Principal Time Interest years Future value Php 70,000 2 years 9% Php 900,000 6 months 10.5% Php 180,000 ½ year 12.6% Php 180,000 9 months 8%
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