What is the present value of P1,000 received in 2 years if the
interest rate is
a). 12% per year discounted annually ?
b). 12% per year discounted semi-annually?
c). 12% per year discounted monthly?
d). 12% per year discounted daily?
What is the present value of P1,000 received in 2 years if the interest rate is a). 12% per year discounted annually ? b
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