Answered: . If you pay P75 at the end of each…

. If you pay P75 at the end of each month for 30years account that will pay interest at 8 % compounded monthly, how much money do you have after 30 years?

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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6. If you pay P75 at the end of each month for 30years account that will pay interest at 8 % compounded monthly, how much money do you have after 30 years?

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