Jen has Php100,000 in the bank. She intends to increase her savings to Php500,000. If she can deposit Php8,000 at the end of every month and the bank pays 3% compounded monthly, when will she be able to save the said amount? years
Jen has Php100,000 in the bank. She intends to increase her savings to Php500,000. If she can deposit Php8,000 at the end of every month and the bank pays 3% compounded monthly, when will she be able to save the said amount? years
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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