How much will I have 8 years from now, if I will invest P10,765 at the end of each three months for the next three years? My money has a rate of return of 7.1% compounded semi-annually.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EB: How much must be invested now to receive $50,000 for 8 years if the first $50,000 is received in one...
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How much will I have 8 years from now, if I will invest
P10,765 at the end of each three months for the next
three years? My money has a rate of return of 7.1%
compounded semi-annually.
Transcribed Image Text:How much will I have 8 years from now, if I will invest P10,765 at the end of each three months for the next three years? My money has a rate of return of 7.1% compounded semi-annually.
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