Answered: Miguel deposits ₱135,500 in a savings…

Miguel deposits ₱135,500 in a savings account that pay 13% interest converted semi-annually. If he decide to withdraw his money when it grows to ₱225,000. When should his withdraw the money?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter10: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...

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Miguel deposits ₱135,500 in a savings account that pay 13% interest converted semi-annually. If he decide to withdraw his money when it grows to ₱225,000. When should his withdraw the money?

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