Joan's mother forgot that her 25,000 13th month pay 10 years ago was invested to an instrument that gives 11% interest per annum. How much does her mother have today?
Joan's mother forgot that her 25,000 13th month pay 10 years ago was invested to an instrument that gives 11% interest per annum. How much does her mother have today?
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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Joan's mother forgot that her 25,000 13th month pay 10 years ago was invested to an instrument that gives 11% interest per annum. How much does her mother have today?
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