Find the accumulated value of P3,000 in 4 years if it is invested at 12% compounded quarterly.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 19E
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Find the accumulated value of P3,000 in 4 years if it is invested at 12% compounded quarterly.

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