The payment of 500 php is to be made at the end of every 6 months. How much is its future value after three years if the money is worth 6% compounded semi - annually? A Php3,234.20 Php2,708.60 Php3,734.20 Php3,208.60

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Q: The payment of 500 php is to be made at the end of every 6 months. How much is its future value…

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A: Thanks for the question :)And your upvote will be really appreciable ;)

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A: Given, r= 14% A= $1000000 t= 35 years n=12 (compounding monthly)