You would like to save Php 10,000 for for your debut birthday party. How much should you deposit in a savings account every end of the month for 3 years if the interest is at 0.12% compounded monthly? Solution: Answer:

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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You would like to save Php 10,000 for for your debut birthday
party. How much should you deposit in a savings account every
end of the month for 3 years if the interest is at 0.12%
compounded monthly?
Solution:
Answer:
Transcribed Image Text:You would like to save Php 10,000 for for your debut birthday party. How much should you deposit in a savings account every end of the month for 3 years if the interest is at 0.12% compounded monthly? Solution: Answer:
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