8. In order to have P50,000 in 5 years, how much should you invest if the compound interest is 5%?
8. In order to have P50,000 in 5 years, how much should you invest if the compound interest is 5%?
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 27PS
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8. In order to have P50,000 in 5 years, how much should you invest if the compound interest is 5%?
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