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What present value on january cash crediting

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Question 1: Assuming the time value of money is 8% compounded annually, the present value on January 1, 2019 of a P1,000 cash crediting on January 1 of each of the years 2020, 2021, 2022, 2023, and 2024 will get a total future value of

Reference no: EM132916666

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