THIS PAPER ANSWERS THE FOLLOWING QUESTIONS: If you deposit P50,000 in account paying 5% interest, how much money will you receive in 8 years, how much money will you receive in 8 years If the account was compounded?Suppose you are depositing an amount today in an account that earns 5% interest, compounded annually. If your goal is to have 500,000PHP in the account at the end of the six years, how much must you deposit in the account today?I have an investment account that increased from 300,000