What will be the maturity value of P12 000 invested for 4 years at 15% compounded quarterly? A. P21 627.73 B. P21 636.73 C. P21 726.73 D. P21 626.73 O C O A O D

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
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What will be the maturity value of P12 000 invested for 4
years at 15% compounded quarterly?
A. P21 627.73
B. P21 636.73
C. P21 726.73
D. P21 626.73
O C
O A
B
O D
Transcribed Image Text:What will be the maturity value of P12 000 invested for 4 years at 15% compounded quarterly? A. P21 627.73 B. P21 636.73 C. P21 726.73 D. P21 626.73 O C O A B O D
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