OPLASSHANTALIN OPLASSHANTALIN

Math

Answered

find the compound amount in 10 years if Php. 500,00.00 is invested at 4% compounded monthly

Sagot :

CHADMATH69IN CHADMATH69IN

Answer:

this is a compound interest problem

formula we going to need is

A=P((1+r/n)^nt

500000(1+0.04/12)^(10)(12)= 745416.34

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