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Can anyone help me answer this and show step-by-step Thanks so much 1. Find the annual rate at which P2,000 will accumulate to P3,000 in
Can anyone help me answer this and show step-by-step Thanks so much 1. Find the annual rate at which P2,000 will accumulate to P3,000 in 3 years? 2. How long P1,000 must be left in an account that earns 12%, compounded annually to accumulate to P3,000 ? 3. What total amount will be earned by P5000 invested at 7.5% compounded annually for 31/2 years? 4. What amount must be invested for eight years at 7.5% compounded annually to reach a maturity value of D10.000
Thanks so much
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