If Ms. Nabilog invests Php 1,000 in a savings account that offers an interest of 9% compounded quarterly, how much will she reccive after 15 ycars? С. Php 3,838.04 D. Php 5,456.32 А. Php 3,800,13 Php 1,396.21

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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If Ms. Nabilog invests Php 1,000 in a savings account that
offers an interest of 9% compounded quarterly, how much will
she reccive after 15 years?
A. Php 3,800.13
В. Php 1,396.21
C. Php 3,838.04
D. Php 5,456.32
Transcribed Image Text:If Ms. Nabilog invests Php 1,000 in a savings account that offers an interest of 9% compounded quarterly, how much will she reccive after 15 years? A. Php 3,800.13 В. Php 1,396.21 C. Php 3,838.04 D. Php 5,456.32
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