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25-04-2024
Business

Answered

Anthony borrowed P150,000 from a lending company where he needs to pay an interest rate of 3% compounded annually in 3 years. Find the maturity value of the loan.
A. P 159,990.05
B. P 163,909.05
C. P 179,900.05
D. P 199,000.05

Answer :

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