Question: Use 6 decimal places in between process and 2 decimal places for the final answer. 4. Krissie wishes to give her youngest son Bim P200,000

Use 6 decimal places in between process and 2 decimal places for the final answer.

Use 6 decimal places in between process and 2 decimal places for

4. Krissie wishes to give her youngest son Bim P200,000 ten years from now. What amount should she invest now if it will earn interest of 6% compounded annually during the first 5 years and 8% compounded quarterly during the next 5 years

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