A person places Php 75,000 in a savings account which pays 12 percent interest per an compounded continuously. Find the amount (in Php) in the account after four years, presuming no withdrawals and no additional deposits.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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Question 1
16 p
A person places Php 75,000 in a savings account which pays 12 percent interest per annum,
compounded continuously. Find the amount (in Php) in the account after four years, presuming no
withdrawals and no additional deposits.
Note: Input numerical values only, do not the units, space or comma.
Next
DII
F9
F8
F7
80
F 6
F5
F4
F3
Transcribed Image Text:Question 1 16 p A person places Php 75,000 in a savings account which pays 12 percent interest per annum, compounded continuously. Find the amount (in Php) in the account after four years, presuming no withdrawals and no additional deposits. Note: Input numerical values only, do not the units, space or comma. Next DII F9 F8 F7 80 F 6 F5 F4 F3
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