Mrs. Kimberly deposited P 300, 000 in an account earning 8% compounded every 6 months. On the 2th year, she deposited an amount of P 80, 000. On the 7 year, she deposited another P 75,000 in the same account and left it for le years at which time 41 percent of the total interest of her total savings is withdrawn. What will be his withdrawal amount on the 30th year from the day she started his savings.

Mrs. Kimberly deposited P 300, 000 in an account earning 8% compounded every 6 months. On the 2th year, she deposited an amount of P 80, 000. On the 7 year, she deposited another P 75,000 in the same account and left it for le years at which time 41 percent of the total interest of her total savings is withdrawn. What will be his withdrawal amount on the 30th year from the day she started his savings.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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