Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question
2.165. A customer opened a deposit of 25 000 PLN in a bank on a compound interest with an interest rate of 10% per annum. Calculate what amount he will have on this deposit after three years if interest is capitalized:
(a) after each year of saving (b) every six months (c) every quarter.
Take into account the 18 percent tax on capital gains.
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