Honesty Company has a treasury bill with 120-day maturity and with a value of P10,000 and an annual interest rate of 12%. How much is the return on investment?
Honesty Company has a treasury bill with 120-day maturity and with a value of P10,000 and an annual interest rate of 12%. How much is the return on investment?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Honesty Company has a treasury bill with 120-day maturity and with a value of P10,000 and an annual interest rate of 12%.
How much is the
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