If money is worth (5%, m = 4) which obligation is more valuable: a) P1,300 due at

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If money is worth (5%, m = 4) which obligation is more valuable: a) P1,300 due at the end of 2 years; P1,250 due at the end of 4 years with accumulated interest from today at (0.05, m = 2).

Please answer and round off the final answer in two decimal places.

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: Feb 21, 2024 07:15 AM

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If money is worth (5%, m = 4) which obligation is more valuable: a) P1,300 due at

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Income Tax Fundamentals 2013

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