Question: Pag-ibig MP2 Savings Program offers 7.5% interest compounded annually. If you have decided to invest P 60,000, what will be your balance in 5 years?

Pag-ibig MP2 Savings Program offers 7.5% interest compounded annually. If you have decided to invest P 60,000, what will be your balance in 5 years? Before solving, give the term for each given in the problem. Term Value Solution

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