What amount should I invest today, Jan. 18, 2023 so that after 3 years the face value of my investment will be at ₱250,000. Assume that the market interest is 6.5%. Show your full solution. Please don't use excel in answering.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...
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Engineering Economy What amount should I invest today, Jan. 18, 2023 so that after 3 years the face value of my investment will be at ₱250,000. Assume that the market interest is 6.5%. Show your full solution. Please don't use excel in answering.
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