If I invest PhP 100,000 today and expect a reimbursement at the end of every 6 months with an interest of 7.5% compounded semi-annually for 3 years. How much will I expect to receive every 6 months?
If I invest PhP 100,000 today and expect a reimbursement at the end of every 6 months with an interest of 7.5% compounded semi-annually for 3 years. How much will I expect to receive every 6 months?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If I invest PhP 100,000 today and expect a reimbursement at the end of every 6 months with an interest of 7.5% compounded semi-annually for 3 years. How much will I expect to receive every 6 months?
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