Identify the future value 1.Quarterly payment of 5,000 pesos for 10 years with interest rate of 9% compounded annually.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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Identify the future value

1.Quarterly payment of 5,000 pesos for 10 years with interest rate of 9% compounded annually.

2.Daily payments of 20 pesos for  30 days with interest rate of 20% compounded annually. 

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