3. Suppose an investment of P100,000 was made, and it matured to P104,070.70 after eight (8) compounding periods at 2% interest. How many compounding periods were there in a year?
Rubric for scoring:

P. s: I only need the answer for number 3 and I need a serious one asap

Problem 3

4 compounding periods per year

In other words, the money is being compounded quarterly

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Explanation:

The compound interest formula is

The variables are

In this case, we have

So,

So it appears that we're compounding the money n = 4 times a year (aka quarterly) and doing so for 8/4 = 2 years.

Note how,

which helps confirm the answer.

image result for what is another name for consecutive interior angles? ​

when two lines are crossed by another line (called the transversal): the pairs of angles on one side of the transversal but inside the two lines are called consecutive interior angles. in this example, these are consecutive interior angles: d and f.

step-by-step explanation:

1 x=22.52

2: 65/39=604+39x

65x-39x=604

26x=604

x=604/26

×=23.23