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12. You invest P 5 000 today at an interest rate of 10% for four years, how much would be the future value of the investment? a. P 3 415 c. P 6 500 b. P 7000 d. P 7 320 13. You are an incoming college freshman taking-up a four-year course Suppose that you want to purchase a car immediately after graduating which will cost you P 750 000. How much should you invest at the end of every year in an investment fund that earns 9% annually to have enough to buy the car upon graduation? a. P 164 000 c. P 607 445 b. P 531 300 d. P 132 828 14. If you invest a lump-sum amount of P 25 000 at an interest rate of 12%, compounded monthly, how much would be your investment after 3 years? a. P 34 000 c P 39 338 b. P 35 123 d. none of the above
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