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What is the compound interest if mr dela cruz invested php

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Reference no: EM132918567

Problem 1. What is the maturity value if a person invested Php 15,000 in a bank at 5% ordinary interest from February 27, 2021 to December 15, 2021 using actual and approximate time?

Problem 2. What is the compound interest if Mr. Dela Cruz invested Php 100,000 to fund that pays 9.75% interest compounded quarterly for 7 years and 3 months?

Reference no: EM132918567

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