Question
An investment of 42,500 Pesos was made today at 5% compounded quarterly for 5 years. After the said time, the whole amount together with the
An investment of 42,500 Pesos was made today at 5% compounded quarterly for 5 years. After the said time, the whole amount together with the interest, was again invested for another 5 years but this time at 12% compounded monthly. How much will be the future amount?
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Managerial Economics A Problem Solving Approach
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
3rd edition
978-1133951483
