SOLUTION: 6. Alternative A: How much will be the total amount that John will get if he invests Php 200,000 at the rate of 4% per year for 10 years with an unknown company? Alternative B: H

Question 1168217: 6. Alternative A: How much will be the total amount that John will get if he invests Php 200,000 at the rate of 4% per year for 10 years with an unknown company? Alternative B: How much total amount will he get if he invests the Php 200,000 in a regular savings account for 10 years?
Note: Do not subtract the withholding tax anymore.
So, which would be the better investment for Mr. Ambrose, alternative A or B? Explain your answer.
Answer by ikleyn(52784) (Show Source): You can put this solution on YOUR website!
.

Quite nonsensical request.

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