A Mechanical Engineer wishes to accumulate a total of P10,000 in a savings account at the end

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A Mechanical Engineer wishes to accumulate a total of P10,000 in a savings account at the end of 10 years. If the bank pays only 4% compounded quarterly, what should be the initial deposit?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Nov 17, 2023 10:20 AM

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A Mechanical Engineer wishes to accumulate a total of P10,000 in a savings account at the end

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Principles of Finance

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