Engr. Armando lends P5,000 at 6% simple interest for 4 years. At the end of this time, he invests the entire amount (principal plus interest) at 5% compounded annually for 12 years. How much will he have at the end of the 16 years period? O P 12134.31 O P 14134.31 O P11134.31 O P 13134.31

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