1.Determine the monthly savings is needed monthly to save PhP 200,000.00 atthe end of 10 years, if the money is 10% yearly, compounded quarterly.

We have, Amount = PhP 200,000 Amount = (Principal + Interest) Rate = 10% comes quarterly Time = 10…

Answered: Determine the monthly savings is needed…

Determine the monthly savings is needed monthly to save PhP 20 the end of 10 vegrs, if the money is 10% vearly, compounded qu

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1.Determine the monthly savings is needed monthly to save PhP 200,000.00 at
the end of 10 years, if the money is 10% yearly, compounded quarterly.

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