Your mother plans to join the employee's cooperative. She wants to know how ach her money would earn in six months. The cooperative requires a contribution of Php1000.00 starting June 2020, with a compounded interest rate monthly S70. How much will your mother's money be by December2020? Tasks: 2ou heed to prepare a report showing a cash flow diagram on the total amount of money your mother will earn at the end of December. At the end of write a conclusion stating your opinion to help your mom to decide. your report,

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
ChapterMB: Model-building Problems
Section: Chapter Questions
Problem 27M
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Your mother plans to join the employee's cooperative. She wants to know how
contribution of Php1000.00 starting June 2020, with a compounded interest rate
Ru
5-
re
What I Can Do
4.
in
Read and analyze the situation below, and answer the given question.
monthly
ach her money would earn in six months. The cooperative requires a
of 3%%. How much will your mother's money be by December2020?
Tasks:
Tou need to prepare a report showing a cash flow diagram on the total amount of
money your mother will earn at the end of December. At the end of your report
write a conclusion stating your opinion to help your mom to decide.
14
Transcribed Image Text:Your mother plans to join the employee's cooperative. She wants to know how contribution of Php1000.00 starting June 2020, with a compounded interest rate Ru 5- re What I Can Do 4. in Read and analyze the situation below, and answer the given question. monthly ach her money would earn in six months. The cooperative requires a of 3%%. How much will your mother's money be by December2020? Tasks: Tou need to prepare a report showing a cash flow diagram on the total amount of money your mother will earn at the end of December. At the end of your report write a conclusion stating your opinion to help your mom to decide. 14
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