Question
Question 16 2 pts 24. Using a simple interest of 10% per year, the P5,000 deposited was matured into P15,000 after a long period
Question 16 2 pts 24. Using a simple interest of 10% per year, the P5,000 deposited was matured into P15,000 after a long period of time. If the interest for this transaction is compounded annually, what should be the future value of the transaction if the same period and the same initial deposit is observed? O P34,242.38 O P2,190.27 OP33,637.50 OP2.229.65
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
