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HELLO. 2. Angel has invested in Commercial Bank Y a single amount of P300,000 at 9% interest compounded quarterly for 12 years. At the end

HELLO.

2. Angel has invested in Commercial Bank Y a single amount of P300,000 at 9% interest compounded quarterly for 12 years. At the end of 12 years, Angel has withdrwan the proceeds of her investment and invested them in Commercial Bank B at 8% interest compounded semi-annually for another 10 years.

Required: Determine the value of investment at the end of 10 years

Answer: Php 1, 912, 613 (dont give me a solution that isn't the same answer with the given answer i put here)

I ONLY NEED THE SOLUTION FOR THE GIVEN ANSWER. THIS QUESTION 2 IS STRESSING ME OUT. T^T

please show your solution (use the solution given in the notes p.rovided by the student)

Lesson:

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Feture Value (PV), ofberries lescum Illustration 15 Jenny has Invested Frog Fun.coo Invested at 16% compounded where ry. ratere vaby Compoundleg period refers to the perked of coment orgy of conversion is to principal during the post. If the campoending period is seraat the and if monthly. It is ma. mapused during the term of the investment. It is coraposed by mailplyire on The desire of the Fy.noe manual end of Year s which i che the beginning of Year a. The the beadswing of the pertadic interval, the some Future Valus of Aane PRESENT VALUE: SINGLE AMOUNT WV-A BLOG value usleg the Formula PRESENT VALUE: ANNUITY Whred Determine the present vilee of the s sears at the bedsaved rate of 19% cesp resent Value (PV) refers Tonsand asked of annulty refers to the pro Scanned with CamScanner

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