Banco Filipino is offering 0.8 percent compounded daily on its savings accounts. If you deposit ₱2,500 today, how much will you have in the account in 15 years? ₱2,818.74 ₱2,567.15 ₱2,890.62 ₱2,890.62

Banco Filipino is offering 0.8 percent compounded daily on its savings accounts. If you deposit ₱2,500 today, how much will you have in the account in 15 years? ₱2,818.74 ₱2,567.15 ₱2,890.62 ₱2,890.62

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 24P

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Banco Filipino is offering 0.8 percent compounded daily on its savings accounts. If you deposit ₱2,500 today, how much will you have in the account in 15 years?

₱2,818.74

₱2,567.15

₱2,890.62

₱2,890.62

please answer immediately thank you :)

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