3. Ranie makes monthly deposits at Php1,500.00 into his savings account that earns interestat 1.5% compounded monthly. How much will be the value of his savings in 10 years?Assume that the deposits are made at the end of the month.

Answered: 3. Ranie makes monthly deposits at…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

See similar textbooks

Similar questions

if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should be deposited to earn P225of interest?
c) Mr Jason deposited $5000 into an account paying 6% annual interest compounded monthly, how long will it take for him to have $8000 in the account?
A savings account that has 850$ deposited on march 1st earns 0.4% annual interest compounded daily. How much is in the account by the end of march?
A freelance artist is paid $3,520 for a contracted job. The money is invested in a savings account earning 3.05% annual interest compounded monthly. What is the total account balance after 6 months?
Angelica received a 12 year non subsidized loan of 17,000 at an annual interest of 5.5 % compounded monthly.She will begin repaying the loan after she graduates in 4 years.. How much interest in dollars must she pay on the loan during the period of time that payments on loan are not being made Determine her monthly payment in dollars on the .
Mrs. Vega borrows P600,000 at 12% compounded annually agreeing to repay the loan in 15 equal annual payments. How much of the original principal is still unpaid after he has made the 8th payment.
John makes annual deposits of $1600 to an an IRA earning 7% compounded annually for 16 years.What was the value of his IRA at the end of 16 years?

Recommended textbooks for you

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781319050740

Author:

Jon Rogawski, Colin Adams, Robert Franzosa

Publisher:

W. H. Freeman

Precalculus

Calculus

ISBN:

9780135189405

Author:

Michael Sullivan

Publisher:

PEARSON

Calculus: Early Transcendental Functions

Calculus

ISBN:

9781337552516

Author:

Ron Larson, Bruce H. Edwards

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

3. Ranie makes monthly deposits at Php1,500.00 into his savings account that earns interest at 1.5% compounded monthly. How much will be the value of his savings in 10 years? Assume that the deposits are made at the end of the month.