3. Rico placed P20,000 in a time deposit with an interest of 8% computed quarterly. If his time deposit will mature in one year, what will be the value of his deposit upon maturity? 4. The Open High School Program of Subic National High served 236 learners on its first year of implementation. The school is targeting a 14% increase of learners to be served in 5 years. What will be the total number of learners served after 5 years?

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