Assume that 1500 Php is deposited in an account in which interest is compounded annually for 5 years. Find the accumulated amount, if the interest rate is 8 ½ %.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
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Assume that 1500 Php is deposited in an account in which interest is compounded annually for 5 years. Find the accumulated amount, if the interest rate is 8 ½ %.

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