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B. Complete the table for a compound interest involving P 40 000 loaned for a period of 5 years with 6% interest compounded annually. Amount(at the end of the Principal at the start of the year Interest year) Php 40,000+2400%3 Php Php 40,000 Php 40,000x0.06x1%3DPhp 2,400 1st year 42,400 2nd year 3rd year 4th year 5th year

B. Complete the table for a compound interest involving P 40 000 loaned for a period of 5 years with 6% interest compounded annually. Amount(at the end of the Principal at the start of the year Interest year) Php 40,000+2400%3 Php Php 40,000 Php 40,000x0.06x1%3DPhp 2,400 1st year 42,400 2nd year 3rd year 4th year 5th year

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Complete the table for a compound interest involving P 40,000 known for a period of 5 years with 6% interest compounded annually. (Please refer to the picture)
B. Complete the table for a compound interest involving P 40 000 loaned for a period of 5 years with 6% interest compounded annually. Amount(at the end of the Principal at the start of the year Php 40,000 Interest year) Php 40,000+2400= Php 42,400 Php 40,000x0.06x1=DPhp 2,400 1st year 2nd year 3rd year 4th year 5th year
Transcribed Image Text:B. Complete the table for a compound interest involving P 40 000 loaned for a period of 5 years with 6% interest compounded annually. Amount(at the end of the Principal at the start of the year Php 40,000 Interest year) Php 40,000+2400= Php 42,400 Php 40,000x0.06x1=DPhp 2,400 1st year 2nd year 3rd year 4th year 5th year
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