Wnat Will be the alue of tne

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 11E
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Gihanne wants to invent P55,555.00 in a mutual
fund that grows continuously with 9% interest rate
per annum. What will be the value of the money after
25 years?
Transcribed Image Text:Gihanne wants to invent P55,555.00 in a mutual fund that grows continuously with 9% interest rate per annum. What will be the value of the money after 25 years?
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