Question: answer the ff. it is compond interest. just answer and solution 6. What amount be placed in the bank at 9% compounded quarterly will become

 answer the ff. it is compond interest. just answer and solution

answer the ff. it is compond interest. just answer and solution

6. What amount be placed in the bank at 9% compounded quarterly

6. What amount be placed in the bank at 9% compounded quarterly will become Php 14,500 for 3 years and 9 months. 7. If the money is invested at 7% compounded quarterly, nd a} compound amount b) compound interest, if the money invested was Php 25,000 for 4 years. 8. If the money is invested at 7% compounded semi annually, find a) compound amount b} compound interest, ifthe money invested was Php 15,000 for 3 years 9. At what rate nominal rate, compounded monthly, will Php 8,200 amount to Php 12,000 at the end of4 years & 4 months. 10. Find the nominal rate, compounded monthly, at which Php 6,500 accumulate to Php 15,000 at the end of 3 years 8. 3 months 1.4 - Compound Interest

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