2. Sonia invested P 2,100 and left it for 9 years where the time in which the principal was withdrawn. The interest rate compounded annually is 8.5%. a. Determine the amount of money after 20th year? b. Determine the effective interestrate.
2. Sonia invested P 2,100 and left it for 9 years where the time in which the principal was withdrawn. The interest rate compounded annually is 8.5%. a. Determine the amount of money after 20th year? b. Determine the effective interestrate.
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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