# migrated

## MIGRATED: interest and compound: A man wishes his son to receive P200,000 ten years from now

Submitted by Sydney Sales on June 30, 2016 - 1:51pm

A man wishes his son to receive P200 000 ten years from now. What amount should he invest now if it will earn interest of 10% compounded annually during the first 5 years and 12% compounded quarterly during the next 5 years.