4. If F = P50,000 with the rate 1.5% compounded quarterly for 5 years find the present value and compound interest How are you going to express the rate in decimal? What formula will you use in finding the present value?

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Q: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

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Q: 4. If F = P50,000 with the rate 1.5% compounded quarterly for 5 years find the present value and…

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