42. A bank offers a 12 % interest to be compounded annually. How much should a teacher deposit now if he wants to receive Php 15000 at the end of each year for 5 years? O a. Php 50000 O b. Php 53256.78 O c. Php 42500 O d. Php 54071.64 e. None of the above
42. A bank offers a 12 % interest to be compounded annually. How much should a teacher deposit now if he wants to receive Php 15000 at the end of each year for 5 years? O a. Php 50000 O b. Php 53256.78 O c. Php 42500 O d. Php 54071.64 e. None of the above
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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