Sarah McMillan invested Php1, 270, 888 at a bank with a simple interest rate of 5%. The investment's dura March 21, 2022 up to December 20, 2022. What is the future value of her investment? (Use approximate interest). O Php 1, 254, 907.00 O Php 2, 500, 000. 76 O Php 1, 318, 369.79 O Php 1, 345, 035.25 O Php 1, 012, 214.76
Sarah McMillan invested Php1, 270, 888 at a bank with a simple interest rate of 5%. The investment's dura March 21, 2022 up to December 20, 2022. What is the future value of her investment? (Use approximate interest). O Php 1, 254, 907.00 O Php 2, 500, 000. 76 O Php 1, 318, 369.79 O Php 1, 345, 035.25 O Php 1, 012, 214.76
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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![Sarah McMillan invested Php1, 270, 888 at a bank with a simple interest rate of 5%. The investment's duration is from
March 21, 2022 up to December 20, 2022. What is the future value of her investment? (Use approximate time & ordinary
interest).
O Php 1, 254, 907.00
O Php 2, 500, 000. 76
O Php 1, 318, 369.79
O Php 1, 345, 035.25
O Php 1, 012, 214.76](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f4a0778-a4d2-4765-a3c0-025415199b83%2Fad05dce7-b4ad-4558-9dac-bd356e8becb1%2Fp7pdibj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sarah McMillan invested Php1, 270, 888 at a bank with a simple interest rate of 5%. The investment's duration is from
March 21, 2022 up to December 20, 2022. What is the future value of her investment? (Use approximate time & ordinary
interest).
O Php 1, 254, 907.00
O Php 2, 500, 000. 76
O Php 1, 318, 369.79
O Php 1, 345, 035.25
O Php 1, 012, 214.76
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