If P19,000 is invested at 18% compounded semiannually, find the compound interest in 3 years.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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this is a compound interest problem. do this typewritten, please. I will upvote. thank you. no upvote for handwritten

3. If P19,000 is invested at 18% compounded semiannually, find the
compound interest in 3 years.
Solution:
3
Transcribed Image Text:3. If P19,000 is invested at 18% compounded semiannually, find the compound interest in 3 years. Solution: 3
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