Solution: What is the amount of P12,800 in 4 years at 5% compounded quarterly?

(Last Updated On: December 8, 2017)

What is the amount of P12,800 in 4 years at 5% compounded quarterly?

Problem Statement: ECE Board April 1998

The amount of P12,800 in 4 years at 5% compounded quarterly is

  • A. P14,785.34
  • B. P15,614.59
  • C. P16,311.26
  • D. P15,847.33

Problem Answer:

The amount in 4 years at 5% compounded quarterly is P15,614.59.

Solution:

Latest Problem Solving in Engineering Economics (Simple & Compound Interest)

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Solution: What is the amount of P12,800 in 4 years at 5% compounded quarterly?
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