. Find the accumulated value of P12,000 at the end of 5 years and 5 months at 8% compounded semiannually. . How much must be invested today in savings account to realize P32,000 in 6years if money earns at the rate of 8% compounded quarterly?

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16. Find the accumulated value of P12,000 at the end of 5
years and 5 months at 8% compounded semiannually.
17. How much must be invested today in savings account to
realize P32,000 in 6years if money earns at the rate of 8%
compounded quarterly?
Transcribed Image Text:16. Find the accumulated value of P12,000 at the end of 5 years and 5 months at 8% compounded semiannually. 17. How much must be invested today in savings account to realize P32,000 in 6years if money earns at the rate of 8% compounded quarterly?
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