. Solve for the compound interest earned if 10,000 pesos is invested for  1-1/2 years at 8% compounded (a) quarterly, and (b) monthly. 2. Find the compound interest and the amount if 25,000 pesos is invested for 2  years at 6% compounded (a) semi-annually, and (b) quarterly. 3. Find the compound interest and the amount if 30,000 is invested for 2 years at  6% compounded (a) monthly; (b) quarterly; (c) semi-annually ; and  (d) annually.

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 18E
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1. Solve for the compound interest earned if 10,000 pesos is invested for 
1-1/2 years at 8% compounded (a) quarterly, and (b) monthly.


2. Find the compound interest and the amount if 25,000 pesos is invested for 2 
years at 6% compounded (a) semi-annually, and (b) quarterly.


3. Find the compound interest and the amount if 30,000 is invested for 2 years at 
6% compounded (a) monthly; (b) quarterly; (c) semi-annually ; and 
(d) annually.

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