johnrichardpastranat johnrichardpastranat

04-05-2022
Mathematics

contestada

Find the compound amount and interest if Php. 400,000 is invested at 8 %, compounded quarterly for 5 years and 6 months?

Respuesta :

jsimpson11000 jsimpson11000

10-05-2022

Answer:

618 391 .87

Step-by-step explanation:

5 years 6 months = 22 quarters

8% = .08 .08/4 = .02 interest per period

400 000 ( 1 + .02)^22 = 618 391.87

Answer Link

Otras preguntas

i need help!!!!!!!!!!!!!!!

How many days are in a solar year?

Energy transfer by convection is primarily restricted to A. gases. B. liquids. C. solids. D. fluids. E. none of the above

A penny can scratch an unknown mineral. The mineral _____. 1.must be talc 2.is softer than a diamond 3.is harder than a diamond 4.has perfect cleavage

Choose the word that best completes the sentence. The "Chunnel," a tunnel under the English Channel, is the culmination of many years of _____________ coop

People commonly abuse drugs because they enjoy the physical or emotional effects that the drug produces. a. True b. False

What is d inner layer of a mollusca shell called?

help needed please.........

Which statements about the inferno is true? A. Dante wrote the inferno in response to poop Nichola's "Essay on man." B. Dante wrote the infernal to reprimand th

Which example is not a structural adaptation of an animal? A. Fur color varies with the season for protection. B. Colorful peacock feathers attract a female.