14. On August 31, 2020, a company lent money to a customer for P30,000. The customer signed a note with principal and interest at 9% due in one year. Determine the maturity value of the note.
14. On August 31, 2020, a company lent money to a customer for P30,000. The customer signed a note with principal and interest at 9% due in one year. Determine the maturity value of the note.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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