2. Find the compound amount on deposit at the end of 1 year if P20 000.00 is deposited at 4% compounded (a0 annually and (b) semi-annually.

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Q: 6. What is the compound amount on P25,000 for 5 years at 8%, compounded quarterly?

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Q: A corporation established a sinking fund to discharge a debt of $150,000 in 7 years. If deposits are…

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Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

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Q: 9. (SLO) How much should a mother invest at the time her son is born to provide him with $80,000 at…

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