Solved: 2. Semi-annual payments of P8000 for 12 years with interest rate of 12 % compounded semi-a [algebra]

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Solution: What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

b Semi annual payments of P8000 for 12 years with interest rate of 12 compounded

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Answered: An initial investment of 5742 earns…

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