Find the compound amount (with interest) on Php50,000 invested for 10 years at 5.25% interest compounded annually.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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Find the compound amount (with interest) on Php50,000 invested for 10 years at 5.25% interest compounded annually.

 

*Do not type in the units and the comma separator (the comma that separates the hundreds and thousands)

**If answer is not a whole number, then enter it with two (2) decimal places only. No rounding off of numbers. (e.g. 0.12)

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