Math Problem Statement
Sarah plans to invest 100,000 pesos in a business venture she is offered 6% compounded semi-annual how much will she receive at the end of 3 years
Solution
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Math Problem Analysis
Mathematical Concepts
Compound Interest
Exponential Growth
Formulas
Compound Interest Formula: A = P(1 + r/n)^(nt)
Theorems
Compound Interest Theorem
Suitable Grade Level
Grades 9-12
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