4. The amount of P50,000 was deposited in the bank earning an interest of 7.5% compounded semi-annually. Determine the total amount at the end of 5 years. Draw a cash flow diagram.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter5: The Time Value Of Money
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4. The amount of P50,000 was deposited in the bank earning an interest of 7.5% compounded
semi-annually. Determine the total amount at the end of 5 years. Draw a cash flow diagram.
Transcribed Image Text:4. The amount of P50,000 was deposited in the bank earning an interest of 7.5% compounded semi-annually. Determine the total amount at the end of 5 years. Draw a cash flow diagram.
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