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Your sister will give you an amount X, for 10 years starting this year. You expect to have annual expenses of PHP 50,000 starting the

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Your sister will give you an amount X, for 10 years starting this year. You expect to have annual expenses of PHP 50,000 starting the sixth year up to the tenth year. If the interest rate applied is 8% compounded quarterly, determine the amount X your sister will accomplish for 10 years in order for you to pay off the expenses. A 20,115 B 22,215 C 19,450 24,110

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