Mark saved ₱600 during the first month. In each subsequent month, he saved 12% more than what he saved in the previous month. What amount did he saved during the twenty-fifth month? A. ₱6367.18 C. ₱8187.18 B. ₱7787.18 D. ₱9107.18

Elementary Algebra
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ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
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Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Mark saved ₱600 during the first month. In each subsequent month, he saved 12% more than what he saved in the previous month. What amount did he saved during the twenty-fifth month?

A. ₱6367.18  C. ₱8187.18
B. ₱7787.18  D. ₱9107.18

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