Answered: Suppose you invest Php 25,00o0.00 in a…

Suppose you invest Php 25,00o0.00 in a bank. You leave the money for 6 years, each year getting 5% interest per annum, compounded annually. How much money do you have in the bank after 6 years?

Trigonometry (11th Edition)

11th Edition

ISBN:9780134217437

Author:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

Publisher:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

Chapter1: Trigonometric Functions

Section: Chapter Questions

Problem 1RE: 1. Give the measures of the complement and the supplement of an angle measuring 35°.

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Question

Suppose you invest Php 25,000.00 in
a bank. You leave the money for 6
years, each year getting 5% interest
per annum, compounded annually.
How much money do you have in the
bank after 6 years? *
O Php 32 500.00
O Php 33 502.39
O Php 284 765.63
O none of the above

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