be invested at the beginning of each quarter at 10 % compounded quarterly in order to have P140,000 in a fund 6 yea
be invested at the beginning of each quarter at 10 % compounded quarterly in order to have P140,000 in a fund 6 yea
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 2P
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ANNUITY DUE PROBLEM
- What sum should be invested at the beginning of each quarter at 10 % compounded quarterly in order to have P140,000 in a fund 6 years from now.
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