If you want to receive P450,000 at the end of 5 years, how much would you deposit today that pays a discounted rate of 10%.

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 11E
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27. If you want to receive P450,000 at the end of 5 years, how much would you deposit today that pays a discounted rate of 10%.

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