Sarah invested Php150,000 for 4 years in Malayan Bank that yields 3% compounded semi- annually, how much sum will Sarah receive in 4 years?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1PROB
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Question 5
Sarah invested Php150,000 for 4 years in
Malayan Bank that yields 3% compounded semi-
annually, how much sum will Sarah receive in 4
years?
Php159,204.53
Php175,886.80
Php168,973.89
Php156,090.60
Transcribed Image Text:Question 5 Sarah invested Php150,000 for 4 years in Malayan Bank that yields 3% compounded semi- annually, how much sum will Sarah receive in 4 years? Php159,204.53 Php175,886.80 Php168,973.89 Php156,090.60
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