You would like to have an accumulated amount of Php 60,000 in a savings account that pays you an interest of 4.25% compounded monthly for 90 months. how much would you have t to invest today?
You would like to have an accumulated amount of Php 60,000 in a savings account that pays you an interest of 4.25% compounded monthly for 90 months. how much would you have t to invest today?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 4QTD
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You would like to have an accumulated amount of Php 60,000 in a savings account that pays you an interest of 4.25% compounded monthly for 90 months. how much would you have t to invest today?
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