Solve the following question with complete solution and include cash flow diagram in handwritten form: A recent government study reported that a college degree is worth an extra Php 37754 per quarter income compare to high school graduate. If the interest is 6 % per year compounded quarterly and you work for 30 years, what is the future compound amount of this extra income? (Round off the interest rate to 5 decimal place
Solve the following question with complete solution and include cash flow diagram in handwritten form: A recent government study reported that a college degree is worth an extra Php 37754 per quarter income compare to high school graduate. If the interest is 6 % per year compounded quarterly and you work for 30 years, what is the future compound amount of this extra income? (Round off the interest rate to 5 decimal place
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
Problem 1IEE
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Solve the following question with complete solution and include cash flow diagram in handwritten form:
A recent government study reported that a college degree is worth an extra Php 37754 per quarter income compare to high school graduate. If the interest is 6 % per year compounded quarterly and you work for 30 years, what is the future compound amount of this extra income? (Round off the interest rate to 5 decimal places)
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