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Calistarhodego
Answered

Find the compound amount and interest as well as the present value of P350,000 due in 7 years at 3.7% compounded semi-annually.

(WITH SOLUTIONS PO SANA)



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Sagot :

Icexxgo

Answer:

compound amount: P 452399.9113

interest: P 102399.9113

Step-by-step explanation:

semi-annually: m=2

7 years: t=7

compound amount = F (future value)

interest = I

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