At what rate compounded quarterly will Php15,000 accumulate to Php18,000 in 5 years? 6.09% 3.66% 3.65% 6.07%

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 6
At what rate compounded quarterly will
Php15,000 accumulate to Php18,000 in 5 years?
O 6.09%
3.66%
3.65%
6.07%
Transcribed Image Text:Question 6 At what rate compounded quarterly will Php15,000 accumulate to Php18,000 in 5 years? O 6.09% 3.66% 3.65% 6.07%
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