Trisha is having difficulty in deciding as to which investment firm she will choose: Bugal Ventures, which offers 11.68% simple exact interest; or Vidad Financing offering 11.52% simple ordinary interest. Is she is to invest ₱1,000,000 for 120 days which investment firm will you recommend? Why?

Trisha is having difficulty in deciding as to which investment firm she will choose: Bugal Ventures, which offers 11.68% simple exact interest; or Vidad Financing offering 11.52% simple ordinary interest. Is she is to invest ₱1,000,000 for 120 days which investment firm will you recommend? Why?

Name: Trisha is having difficulty in deciding as to
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Description: Trisha is having difficulty in deciding as to which investment firm she will choose: Bugal Ventures, which offers 11.68% simple exact interest; or Vidad Financing offering 11.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Trisha is having difficulty in deciding as to which investment firm she will choose: Bugal
Ventures, which offers 11.68% simple exact interest; or Vidad Financing offering 11.52%
simple ordinary interest. Is she is to invest ₱1,000,000 for 120 days which investment
firm will you recommend? Why?

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