If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value? O P100,750 O P100,739.73 O P739.73 P750

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value?
O P100,750
O P100,739.73
P739.73
P750
Transcribed Image Text:If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value? O P100,750 O P100,739.73 P739.73 P750
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