Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Topic: time value of money
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Transcribed Image Text:5.) A money today is P4000. If the discount rate is 7%. How much is the future
worth?
ANSWER: F =P 4301.072
6.) Engr. Leyva has P2500 cash. If she wants this to invest this to a bank to
become P2700, how much is the interest and discount rate must be agreed
upon?
ANSWER: I = 8%
d = 7.4074%
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