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How much is the interest earned in an account by the end

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Problem 1: How much is the interest earned in an account by the end of 5 years if P100,000 is deposited today and interest is 4% per year, compounded annually? (Round your answer to the nearest whole number)

Problem 2: How much will be in an account at the end of five years the amount deposited today is P10,000 and interest is 8% per year, compounded semi-annually? (Round your final answer to the nearest whole number)

Reference no: EM132915658

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