5. You deposited P65 200 in the bank that earns P15 850 at the end of 5 years, at what interest rate was it invested? 6. You deposited your savings in a bank. How long will it take your deposit of P55 750 to earn as much as the deposit if it is invested at 12% simple interest?
5. You deposited P65 200 in the bank that earns P15 850 at the end of 5 years, at what interest rate was it invested? 6. You deposited your savings in a bank. How long will it take your deposit of P55 750 to earn as much as the deposit if it is invested at 12% simple interest?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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