Rate of interest = 12% 1. How much must be the present value of Php 100 if it is to be received after one (1) year, two (2) years, and five (5) years?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EB: If you invest $15,000 today, how much will you have in (for further instructions on future value in...
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Rate of interest = 12%

1. How much must be the present value of Php 100 if it is to be received
after one (1) year, two (2) years, and five (5) years?

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