Question
Alexander Murils owes P 25,000 due in one year and P 75,000 due in 4 years. He missed these 2 payments and agrees to pay
He missed these 2 payments and agrees to pay all liabilities in 5 years. If money is worth 10% compounded semi annually, How much will Alexander Murils pay in 5 years?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
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