1. Mark has invested 200 000 pesos for 1 year. Find the future value based on the following conditions: a. Simple interest at 7.5 % b. 7.5% interest compounded every 6 months c. Find the difference between the two
1. Mark has invested 200 000 pesos for 1 year. Find the future value based on the following conditions: a. Simple interest at 7.5 % b. 7.5% interest compounded every 6 months c. Find the difference between the two
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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1. Mark has invested 200 000 pesos for 1 year. Find the future value based on the following conditions:
a. Simple interest at 7.5 %
b. 7.5% interest compounded every 6 months
c. Find the difference between the two
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