Mr. Adam deposited P120,000.00 in a bank who offers 8% interest compounded quarterly. If the interest is
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Mr. Adam deposited P120,000.00 in a bank who offers 8% interest compounded quarterly. If the interest is subject to a 14% tax, how much will he receive after 5 years? answer. P170,149.77 show solution step by step with explanation.
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
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