Answered

ACTIVITY 1.2

2. If ₱20,000.00 is invested at 10% compounded quarterly, when will the
amount of investment be tripled?

PLS WITH COMPUTATION

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Answer:

After 11.123 Years

Step-by-step explanation:

A = p ( 1 + r/n ) ⁿᵗ

A = 3p r = 10% , n = 4 , Find T

T = 11.123 years

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