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Discussion :: Engineering Economics

  1. An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.

    2. A.

     11.89 %
    B.

     12.00 %
    C.

     12.08 %
    D.

     12.32 %

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    Answer : Option B

    Explanation :

    Explanation Not Provided

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