Question 1 Find the maturity value if Php18,000 is invested from February 19, 2011 to September 19, 2011 at a simple interest rate of 16%. Php19,696 O Php19,272 Php19,254.58 O Php19,672.77

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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Question 1
Find the maturity value if Php18,000 is
invested from February 19, 2011 to September 19,
2011 at a simple interest rate of 16%.
Php19,696
Php19,272
Php19,254.58
Php19,672.77
Transcribed Image Text:Question 1 Find the maturity value if Php18,000 is invested from February 19, 2011 to September 19, 2011 at a simple interest rate of 16%. Php19,696 Php19,272 Php19,254.58 Php19,672.77
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