Question
ASAP NEED ANSWER! Fred has saved P50,000 over the years and he has the option of investing it in either of the two investment plans.
ASAP NEED ANSWER!
Fred has saved P50,000 over the years and he has the option of investing it in either of the two investment plans. Investment A offers 12 percent interest compounded monthly, whereas Investment B pays 13 percent interest compounded semiannually. What would be the difference between the future values of the two investments if the investment horizon is seven years?
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Creative Cash Flow Reporting Uncovering Sustainable Financial Performance
Authors: Charles W. Mulford, Eugene E. Comiskey
1st Edition
0471469181, 978-0471469186
