Six hundred pesos is deposited each year into a savings account that pays 6 % compounded continuously How much will be in the account at the end of 8 years? Select one: О a.Р6,458 ОБР6229 O c. P 5,562 O d. P 5,978

Six hundred pesos is deposited each year into a savings account that pays 6 % compounded continuously How much will be in the account at the end of 8 years? Select one: О a.Р6,458 ОБР6229 O c. P 5,562 O d. P 5,978

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Six hundred pesos is deposited each year into a savings account that pays 6% compounded
continuously How much will be in the account at the end of 8 years?
Select one:
О а Р6.458
O b.P 6,229
O c. P 5,562
O d. P 5,978

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