4. On retirement, Gilbert finds that his share of a pension fund is P1 500 000. If the fund is invested at 6% compounded quarterly, how many years will Gilbert expect to receive P30 to 0 every three...

Extracted text: 4. On retirement, Gilbert finds that his share of a pension fund is P1 500 000. If the fund is invested at 6% compounded quarterly, how many years will Gilbert expect to receive P30 to 0 every three months from his investment? 5. At the end of every 6 months for 5 years, Richard deposits P5 000 in a trust fund paying 6% compounded semiannually for his daughter's education. He then allowed the fund to accumulate at the same interest rate for 5 more years without making any more deposits. How much is in the fund after 10 years?