a. If you invested P50,000 at one point in time and received back P80,000 ten years later, what annual interest or growt

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answerhappygod
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a. If you invested P50,000 at one point in time and received back P80,000 ten years later, what annual interest or growt

Post by answerhappygod »

a. If you invested P50,000 at one point in time and received
back P80,000 ten years later, what annual interest or growth rate
(compounded annually) would you have obtained?
b. If P1,000 invested for 8 years is worth P1,594 at the end of
the 8th year, what is the annual compound growth rate for this
investment?
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