Determine the future worth of P6000 at exact simple interest rate of 11% from January 12, to Oct. 5, 2016 (267 days). (leap year=366 days). O 6367.16 O 6678.33 O 6481.48 O 6589.45

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Determine the future worth of P6000 at exact simple interest rate of 11% from January
12, to Oct. 5, 2016 (267 days). (leap year=366 days).
O 6367.16
O 6678.33
O 6481.48
O 6589.45
Transcribed Image Text:Determine the future worth of P6000 at exact simple interest rate of 11% from January 12, to Oct. 5, 2016 (267 days). (leap year=366 days). O 6367.16 O 6678.33 O 6481.48 O 6589.45
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