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What is the amount after ten years of a Php18000 deposit if it earns 8% compounded quarterly for the first five years and 12% compounded monthly for the next five years?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 1P

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