3. Jeff has one savings account with the interest rate of 3.3% in a bank. If he deposits 1200 pesos to the savings account, how much money will he have after 6 years? A. PhP 1437.60 C. PhP 1337.60 B. PhP 1237.60 D. PhP 1137.60

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 3MC: Refer to the present value table information on the previous page. If Kathleen put 3,000 in a...
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3. Jeff has one savings account with the interest rate of 3.3% in a bank. If he deposits
1200 pesos to the savings account, how much money will he have after 6 years?
A. PhP 1437.60
C. PhP 1337.60
B. PhP 1237.60
D. PhP 1137.60
Transcribed Image Text:3. Jeff has one savings account with the interest rate of 3.3% in a bank. If he deposits 1200 pesos to the savings account, how much money will he have after 6 years? A. PhP 1437.60 C. PhP 1337.60 B. PhP 1237.60 D. PhP 1137.60
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