cjandal cjandal

02-12-2020
Mathematics

contestada

Determine the future amount if ₱150,000 is deposited in a fund for 5 years at 2.5% compounded annually

Respuesta :

madiihaahmed madiihaahmed

02-12-2020

Answer:

169,711.23₱

Step-by-step explanation:

compound intrest formula

p(1+r/100)^n

150,000(1+2.5/100)^5

=169,711.23₱

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