Answered: The present value of Rp100 million in…

The present value of Rp100 million in three months is Rp97 million. Compute the simple interest rate per annum. O A. 12,18% O B. 12,25% O . 12,12% O D. 12,37%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Hi I need help finding the monthly payment I think I have the right formula but dont know how to solve it
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