An investment of Php. 150,000.00 is subjected to an annual compound interest rate. If the investment will grow to Php. 200,000.00 after 7 years, how much will be the amount of investment after 15 years?
An investment of Php. 150,000.00 is subjected to an annual compound interest rate. If the investment will grow to Php. 200,000.00 after 7 years, how much will be the amount of investment after 15 years?
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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