12. How much will a mother receive from her pension plan after paying P900 every month for 20 years at 2 1/8% compounded monthly?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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12. How much will a mother receive from her pension plan after paying P900 every month for 20
years at 2 1/8% compounded monthly?
Transcribed Image Text:12. How much will a mother receive from her pension plan after paying P900 every month for 20 years at 2 1/8% compounded monthly?
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