VALUES OF OBLIGATION 1. A ₱ XXXXXXXXXXobligation due in 2 years bears an interest of 12% compounded monthly. If the money is worth 8.5% compounded semi-annually, find the value of his obligation: a....

VALUES OF OBLIGATION

1. A ₱ 35 000 obligation due in 2 years bears an interest of 12% compounded monthly. If the money is worth 8.5% compounded semi-annually, find the value of his obligation:



a. Now

b. at the end of 3 years and 3 months

c. in 6 years