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22-24. If Mrs. Macahilo invested 10,000 pesos in a company that offer 4% interest compounded annually. How much
her money would be at the end of 10 years? Show your solution.
sro

Sagot :

KIDDOSINMYBASEMENTIN KIDDOSINMYBASEMENTIN

4 ÷ 100 = 0.04

10,000 × 0.04 = 400

400 × 10 = 4,000

10,000 + 4,000 = 14,000

Her money would be Php14,000.00 at the end of 10 years.

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