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Mahal Ka Ba Co. invested P300,000 in the bank at 10% interest. 1. What is the carrying amount of the investment in 3 years at

Mahal Ka Ba Co. invested P300,000 in the bank at 10% interest. 1. What is the carrying amount of the investment in 3 years at a. simple interest b. compound interest annually c. compound interest semi-annually 2.What is the effective interest of the investment if compounded semi-annually?

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