Question: 4. Calculate the final value of a deposit of Php 5000 invested at 3% per annum, compounded semi-annually, for 2 years. 5. How long will

4. Calculate the final value of a deposit of Php 5000 invested at 3% per annum, compounded semi-annually, for 2 years. 5. How long will it take Php 4,000 to grow to Php 9,000 if it is invested at 7% compounded monthly? 6. A newborn child receives a Php 20,000 gift toward a college education from her grandparents. How much will the Php 20,000 be worth in 17 years if it is invested at 7% compounded quarterly

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