Answered

Determine the amount if php40,000 is invested for 4 yrs. compounded quarterly @ 6%.

Sagot :

Jacobvalderama1viz

Answer:

Php 50,500

Step-by-step explanation:

A= 40,000(1+0.06)⁴

A= 40,000(1.06)⁴

A= 40,000 1.2625

A=50,500

Answer

Php 50,500