You to start to save for a major purchase. You can invest ₱320 every three months for 3 years and 9 months and you can earn 5.34% compounded semi-annually. What is the amount of interest that you make during the entire term?
You to start to save for a major purchase. You can invest ₱320 every three months for 3 years and 9 months and you can earn 5.34% compounded semi-annually. What is the amount of interest that you make during the entire term?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 25P
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You to start to save for a major purchase. You can invest ₱320 every three months for 3 years and 9 months and you can earn 5.34% compounded semi-annually. What is the amount of interest that you make during the entire term?
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