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11. Antonio invested P15,600.00 at 9% compounded semi-annually. How long will take
for his investment to eam an interest of P5,055.00?
C. 6.29 years
A. 2.32 years
D. 9.13 years
B. 3.19 years​

Sagot :

Jiokeijiviz

Answer:

3.19 years

Step-by-step explanation:

t=ln(a/p)/n[ln(1+r/n)]

=ln(20655/15600)/(2*[ln(1+0.045/2)])

=3.188

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