If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to have 100,000Php 4 years from now? A 77,074.42Php 77,442.07Php 77,027.40Php (D 77,424.70Php

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Q12
If an investment company pays 6.5% compounded semi – annually, how much should you deposit
now to have 100,000Php 4 years from now?
A
77,074.42Php
B
77,442.07Php
77,027.40Php
(D)
77,424.70Php
Transcribed Image Text:If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to have 100,000Php 4 years from now? A 77,074.42Php B 77,442.07Php 77,027.40Php (D) 77,424.70Php
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