If P8,000 shall accumulate for 10 years at 12% compounded quarterly. Find the compound interest at the end of 10 years.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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If P8,000 shall accumulate for 10 years at 12% compounded quarterly. Find the compound interest at the end of 10 years.
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