Layla puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
Layla puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 11PROB
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Layla puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?
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