If a man received P12900 from his 4-year investment, how much was invested at 3% compounded semi-annually? Hide answer choices a A) Php 11451.47 B Php1631.75 C Php 14 531.75 D) Php 11 452.00

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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X Question 5
If a man received P12900 from his 4-year
investment, how much was invested at 3%
compounded semi-annually?
Hide answer choices a
A) Php 11451.47
B Php1631.75
C Php 14 531.75
D) Php 11 452.00
Transcribed Image Text:X Question 5 If a man received P12900 from his 4-year investment, how much was invested at 3% compounded semi-annually? Hide answer choices a A) Php 11451.47 B Php1631.75 C Php 14 531.75 D) Php 11 452.00
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