need Php 80,000 per year for four years to go to college. Your father invested Php 100,000 in a 7% csa account for your education when you were born. If you withdraw the Php 80,000 at the end of your 17th, 18th, 19th and 20th year, how much money will be left in the account at the end of your 21st year? Plsss show handwritten
need Php 80,000 per year for four years to go to college. Your father invested Php 100,000 in a 7% csa account for your education when you were born. If you withdraw the Php 80,000 at the end of your 17th, 18th, 19th and 20th year, how much money will be left in the account at the end of your 21st year? Plsss show handwritten
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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You need Php 80,000 per year for four years to go to college. Your father invested Php 100,000 in a 7% csa account for your education when you were born. If you withdraw the Php 80,000 at the end of your 17th, 18th, 19th and 20th year, how much money will be left in the account at the end of your 21st year?
Plsss show handwritten solution. Thanksss!! ❤️
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