A merchant wants to have P2,000 to a small business for a period of 6 years. With a given interest rate on the investment of 15% compounded quarterly, how much will be the amount to invest? -this is...


Note- Here P2000 is final amount


A merchant wants to have P2,000 to a small<br>business for a period of 6 years. With a given<br>interest rate on the investment of 15%<br>compounded quarterly, how much will be the<br>amount to invest?<br>-this is an compound interest<br>

Extracted text: A merchant wants to have P2,000 to a small business for a period of 6 years. With a given interest rate on the investment of 15% compounded quarterly, how much will be the amount to invest? -this is an compound interest

Jun 07, 2022
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