1. Assume that Mr. Balagtas would like to deposit P4,000 every month in a fund that gives 9%, compounded monthly. How much is the amount of future value of her savings after 6 months? (7 points) SOLUTION:
Assume that Mr. Balagtas would like to deposite 4,000 every month in,a fund thathibes 9% compounded monthly.How much is the amount of future value of her saving after 6 months?