Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 36PFA
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Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
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