Akamane wishes his son to receive P 500,00 ten years from now. What amount should he invest now if it will earn interest of 12% compounded annually during the first 5 years and 15% Compounding quarterly during the next 5 years? O P135,868.19 P134,678.90 P123,433.23 O P145,345.34

Akamane wishes his son to receive P 500,00 ten years from now. What amount should he invest now if it will earn interest of 12% compounded annually during the first 5 years and 15% Compounding quarterly during the next 5 years? O P135,868.19 P134,678.90 P123,433.23 O P145,345.34

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

Akamane wishes his son to receive P 500,00 ten years from now. What amount
should he invest now if it will earn interest of 12% compounded annually during
the first 5 years and 15% Compounding quarterly during the next 5 years?
P135,868.19
P134,678.90
P123,433.23
P145,345.34

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