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How long will it take P1,000 to amount to P1,1346 if invested at 6% compounded quarterly? (NOTE: solution does not require a diagram)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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How long will it take P1,000 to amount to P1,1346 if invested at 6% compounded quarterly? (NOTE: solution does not require a diagram)

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