ROSEANNDEOCAMPO45IN ROSEANNDEOCAMPO45IN

Math

Answered

Please solve the problem below, use the illustration above as a guide,
1. P20,000 deposited every year for 4 years at 5% per year compounded annually.

Sagot :

MARICOLVALDEZIN MARICOLVALDEZIN

Answer:

24310.125

Step-by-step explanation:

FV = PV * (1+5)^ n

= 20000 * (1+5%) ^4

= 24310.125

FOLLOW FOR MOREEE

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