Determine the future value if Php 55,000 is invested from January 2, 2019 to October 7, 2019,

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Determine the future value if Php 55,000 is invested from January 2, 2019 to October 7, 2019, at 8% simple interest rate using:

1. exact interest for the approximate time.

2. ordinary interest for the actual time.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 29, 2023 07:10 AM

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Determine the future value if Php 55,000 is invested from January 2, 2019 to October 7, 2019,

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To determine the future value using exact interest and ordinary interest we need to calculate the in... View the full answer

Income Tax Fundamentals 2013

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