Question: A student invests Php 500 every 6 months at 4% compounded semi-annually. Find his savings in 12 years. Anika purchased a property and pays Php
A student invests Php 500 every 6 months at 4% compounded semi-annually. Find his savings in 12 years.
Anika purchased a property and pays Php 250,000 cash and the balance is to be repaid in 20 annual payments of Php 10,000 each. If money is worth 4.5%, what is the cash value of the property?
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