Mr. Giu invested P 102,200.00 in savings account. After 2 years, he deposited an amount of P 8,500. After 4 years from where he started saving, he deposited another P 73, 550 in the same savings account and left it for 5 years at which time an amount of P105, 600 is withdrawn. If the bank offered him a money worth of 8% compounded every two months, what will be his withdrawal amount at the end of 12 years?

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Q: Quèstion 22 A businessman borrowed P200,000 with interest at the rate of 4.3% compounded…

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