Question
1. a debt of Php 10,000 is due on January 20, 2021. What was the value of this debt on September 20, 2017 at 5%
1. a debt of Php 10,000 is due on January 20, 2021. What was the value of this debt on September 20, 2017 at 5% invested monthly
2. How long will it take to triple the sum of money invested at 12% compounded monthly?
3. What is the effective rate corresponding to 18% compounded daily using 360 days in one year?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
