Determine the present amount of a series of Php 5,000.00 paid at the end of every quarter in 5 years, if the rate of interest is 12% compounded quarterly.Blank 1 Blank 1 Add your answer

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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Determine the present amount of a series of Php 5,000.00 paid at the end of every quarter in 5 years, if the rate of interest is 12% compounded
quarterly.Blank 1
Blank 1 Add your answer
Transcribed Image Text:Determine the present amount of a series of Php 5,000.00 paid at the end of every quarter in 5 years, if the rate of interest is 12% compounded quarterly.Blank 1 Blank 1 Add your answer
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