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.

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Apr 02, 2024 05:04 AM

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Mr. Adam deposited P120,000.00 in a bank who offers 8% interest compounded quarterly. If the interest is

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Personal Finance Turning Money into Wealth

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