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A man inherited a regular endowment of Php 100,000 every end of 3 months for n years. However, he may choose to get a single
A man inherited a regular endowment of Php 100,000 every end of 3 months for n years. However, he may choose to get a single lump sum of Php 3,702,939.80 at the end of 4 years. If the rate of interest was 14% compounded quarterly, what is the value of n?
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