Charlie wishes to bequeath his youngest son P200,000 ten years from now.

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Charlie wishes to bequeath his youngest son P200,000 ten years from now. What amount should he invest now if it will earn interest of 6% compounded annually during the first 5 years and 8% compounded quarterly during the next 5 years?

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Charlie wishes to bequeath his youngest son P200,000 ten years from now.

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