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DCM has planned to start college education four years from now. To pay for college education, DCM has decided to save P50,000 every year for

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DCM has planned to start college education four years from now. To pay for college education, DCM has decided to save P50,000 every year for the next four years in a bank account paying 12 percent interest. How much will DCM have at the end of the fourth year? P238,966 P170,092 P151,867 P267,642

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