How much will be the equivalent worth of ₱2M invested today for three years at a commercial rate of 10% compounded quarterly?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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2. How much will be the equivalent worth of ₱2M invested today for three years at a commercial
rate of 10% compounded quarterly?

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