7. Manolo deposited P 120 000 in a fund that pays 5% compounded annually for the first 3 years, 4 ½% compounded semi-annually for the next 2 years and 3% compounded quarterly thereafter. If money is...


7. Manolo deposited P 120 000 in a fund that pays 5% compounded annually for the<br>first 3 years, 4 ½% compounded semi-annually for the next 2 years and 3%<br>compounded quarterly thereafter. If money is invested for 10 years, how much is in<br>the fund after 10 years?<br>

Extracted text: 7. Manolo deposited P 120 000 in a fund that pays 5% compounded annually for the first 3 years, 4 ½% compounded semi-annually for the next 2 years and 3% compounded quarterly thereafter. If money is invested for 10 years, how much is in the fund after 10 years?

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here