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What is the maturity value of P3,000 invested at 9.5% compounded semi-annually for 3.5 years? Select the correct response: Approximately P4,200.00 after three and a half years Approximately P4,400.00 after three and a half years Approximately P4,600.00 after three and a half years Approximately P4,000.00 after three and a half years

What is the maturity value of P3,000 invested at 9.5% compounded semi-annually for 3.5 years? Select the correct response: Approximately P4,200.00 after three and a half years Approximately P4,400.00 after three and a half years Approximately P4,600.00 after three and a half years Approximately P4,000.00 after three and a half years

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question 3 of 5 What is the maturity value of P3,000 invested at 9.5% compounded semi-annually for 3.5 years? Select the correct response: Approximately P4,200.00 after three and a half years Approximately P4,400.00 after three and a half years Approximately P4,600.00 after three and a half years Approximately P4,000.00 after three and a half years
Transcribed Image Text:Question 3 of 5 What is the maturity value of P3,000 invested at 9.5% compounded semi-annually for 3.5 years? Select the correct response: Approximately P4,200.00 after three and a half years Approximately P4,400.00 after three and a half years Approximately P4,600.00 after three and a half years Approximately P4,000.00 after three and a half years
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