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1. If P245,000 is invested for 4 years compounded quarterly, at what rate was it invested if accumulated to P300,000? 2.
Posted: Fri Jul 08, 2022 5:36 am
by answerhappygod
- 1 If P245 000 Is Invested For 4 Years Compounded Quarterly At What Rate Was It Invested If Accumulated To P300 000 2 1 (2.45 MiB) Viewed 49 times
1. If P245,000 is invested for 4 years compounded quarterly, at what rate was it invested if accumulated to P300,000? 2. At what rate converted semi-annually will a given principal triple its value in 5 years? 3. Jeff borrowed P210,000 with interest at 12% compounded quarterly and agreed to pay P300,000 to settle this dept. For how long was the money borrowed? 4. On January 5, 2011, Jan deposited P15,000 in a fund paying interest at 11.5% compounded annually. On what date will her money double its value? 5. When will P15,000 amount to P35,500 if it is invested at 14% converted semi-annually?