A man deposits a uniform amount of P 2,500 at the end of each year with interest of 2.50% compounded annually. Find the amount of the investment after 20 years

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
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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A man deposits a uniform amount of P 2,500 at the end of each year with interest of 2.50% compounded annually. Find the amount of the investment after 20 years.

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