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Mahal Ka Ba Co. invested P300,000 in the bank at 10% interest. What is the carrying amount of the investment in 3 years at simple
Mahal Ka Ba Co. invested P300,000 in the bank at 10% interest.
What is the carrying amount of the investment in 3 years at
simple interest
compound interest annually
compound interest semi-annually
What is the effective interest of the investment if compounded semi-annually?
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