Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

Find the present value of PhP100,000 which is an amount due in 200 days, if the money is worth 10.5% simple interest?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investing For Women Smart Strategies To Start Investing Now With Confidence Low Risk And Minimal Effort

Authors: Mike Hartley ,Hannah Rosenstein

1st Edition

979-8393237202

More Books

Students also viewed these Finance questions

Question

★★★★★

What business capabilities are enabled by digital signatures and XML?

Answered: 1 week ago

Question

★★★★★

in STRIPS notation. Construct a plan for Shakey to get Boxz into Rooma.

Answered: 1 week ago

Question

★★★★★

Explain the differences among three common methods of group decision makinginteracting groups, Delphi groups, and nominal groups.

Answered: 1 week ago

Question

★★★★★

An investor buys shares in a mutual fund for $20 per share. At the end of the year the fund distributes a dividend of $0.58, and after the distribution the net asset value of a share is $23.41. What...

Answered: 1 week ago

Question

★★★★★

You have accumulated $1246.47 in credit card debt. Your interest rate is 18% per year and you will pay it off in 55 months. what will be your monthly payment

Answered: 1 week ago

Question

★★★★★

Teflon Corporation gasta las opciones sobre acciones segn lo exigen los GAAP. El 1 de enero de 2018, Teflon otorg 500 opciones a la direccin ejecutiva. Cada opcin daba derecho al tenedor de la opcin...

Answered: 1 week ago

Question

★★★★★

Record journal entries for each of the following transactions. 1. On Aug. 1, Martin Johnson invests $425,000 to open his new appliance repair business. 2.On Aug. 3, the company pays $150,000 for land...

Answered: 1 week ago

Question

★★★★★

Dearborn and Dyehardt (D&D) has just put Forzosein on the market, a new compound that may be able to save the lives of people who suffer from cancer. D&D charges hundreds of times what it cost the...

Answered: 1 week ago

Question

★★★★★

Suppose the solute concentration inside the cells of a plant is 0.3M and the concentration outside is 0.2M. Assume that the solute does not readily cross the membrane and that water is the solvent,...

Answered: 1 week ago

Question

★★★★★

2. Extremely successful companies have one overriding common practice; they are: data driven customer-centric aggressive dependable

Answered: 1 week ago

Question

★★★★★

On January 1, 2022, Halstead, Incorporated, purchased 83,000 shares of Sedgwick Company common stock for $1,529,000, giving Halstead 25 percent ownership and the ability to apply significant...

Answered: 1 week ago

Question

★★★★★

Displays flexibility and creativity when generating ideas/solutions.

Answered: 1 week ago

Question

★★★★★

Takes appropriate risks in a well-managed way, in order to move the business forward. Planning and prioritizing: Plan Do Review People who plan and prioritize effectively establish a course of...

Answered: 1 week ago

Question

★★★★★

Ensures that the companys work processes are consistently used and improved.

Answered: 1 week ago

Previous Question Next Question