Ligaya places Ph 6,553 in a BDO account that accrues interest compounded continously. Ligaya did not make additional deposits nor withdrawals on the account. the Interest rate is a constant 5.89 percent for the first 5 years and a constant 10.29 percent for the last 5 years. How much in Php will be in Ligaya's BDO account after the end of the last 5 years?
Ligaya places Ph 6,553 in a BDO account that accrues interest compounded continously. Ligaya did not make additional deposits nor withdrawals on the account. the Interest rate is a constant 5.89 percent for the first 5 years and a constant 10.29 percent for the last 5 years. How much in Php will be in Ligaya's BDO account after the end of the last 5 years?
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 15MC: Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual...
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Ligaya places Ph 6,553 in a BDO account that accrues interest compounded continously. Ligaya did not make additional deposits nor withdrawals on the account. the Interest rate is a constant 5.89 percent for the first 5 years and a constant 10.29 percent for the last 5 years. How much in Php will be in Ligaya's BDO account after the end of the last 5 years?
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