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1. What is the future value of P1,000 after three (3) years if the appropriate interest rate is 8% compounded annually? If compounded monthly? 2.

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1. What is the future value of P1,000 after three (3) years if the appropriate interest rate is 8% compounded annually? If compounded monthly? 2. What is the present value of P1,000 due in three (3) years if the appropriate interest rate is 8% compounded annually? If compounded monthly

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