II. Directions: Compute the future value of the following single investments. Round off your final answer up to 2 decimal places. 4. P60,050 at 9.5% interest compounded bi-monthly for 4 years. 5. P104,000 at 6.89% interest compounded annually for 3

II. Directions: Compute the future value of the following single investments. Round off your final answer up to 2 decimal places. 4. P60,050 at 9.5% interest compounded bi-monthly for 4 years. 5. P104,000 at 6.89% interest compounded annually for 3

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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Question

II. Directions: Compute the future value of the following
single investments. Round off your final answer up to 2
decimal places.
4. P60,050 at 9.5% interest compounded bi-monthly for 4
years.
5. P104,000 at 6.89% interest compounded annually for 3
years.

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