What is the future value of an investment that pays P2,500 at the end of each period with an interest rate of 5.5% after 5 payments?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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What is the future value of an investment that pays P2,500 at the end of each period with an interest rate of 5.5% after 5 payments?

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