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Ronald is saving PHP 2, 000 every month by depositing it in a bank that gives an interest of 2% compounded quarterly. How much will he save in 3 years?​

Sagot :

Answer:

Learning outcomes:

Calculate one-time simple interest, and simple interest over time

Calculate one-time simple interest, and simple interest over timeDetermine APY given an interest scenario

Calculate one-time simple interest, and simple interest over timeDetermine APY given an interest scenarioCalculate compound interest

Step-by-step explanation:

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