g) Find the present value of Ugx 120,000 payable in 5 years' time, assuming that an investment rate of 10 per cent , compounded annually, is available;
g) Find the present value of Ugx 120,000 payable in 5 years' time, assuming that an investment rate of 10 per cent , compounded annually, is available;
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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