What is the accumulate value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually? P137,832.05 P178,338.50 P187,833.50 P138,738.05 How long will it take for an investment to double its amount if invested at an interest rate of 6% compounded bi-monthly. 10 years 8 years 12 years 14 years
What is the accumulate value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually? P137,832.05 P178,338.50 P187,833.50 P138,738.05 How long will it take for an investment to double its amount if invested at an interest rate of 6% compounded bi-monthly. 10 years 8 years 12 years 14 years
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 21PROB
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Question
What is the accumulate value of a payment of P12,500.00 at the end of each year for 9 years with interest at 5% compounded annually?
P137,832.05
P178,338.50
P187,833.50
P138,738.05
How long will it take for an investment to double its amount if invested at an interest rate of 6% compounded bi-monthly.
10 years
8 years
12 years
14 years
Answer both otherwise I will Dounvote
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