What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 7PROB
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What will be the maturity value of P12,000 invested for four
(4) years at 15% compounded quarterly?
Transcribed Image Text:Question 1 of 5 2 Points What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly?
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