If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value? O P100,750 P100,739.73 P739.73 O P750

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value?
O P100,750
O P100,739.73
P739.73
O P750
Transcribed Image Text:If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value? O P100,750 O P100,739.73 P739.73 O P750
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