Question
Answered step-by-step

How much interest was earned by an investment that earns at a rate of 9%

compounded semi-annually for 7 years if the initial investment is at ₱18,000.00?


A. ₱ 15,335.01

B. ₱15,353.01

C. ₱15,535.01

D. ₱ 15,533.01

Answer & Explanation
Verified Solved by verified expert

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Step-by-step explanation

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