P1,420 is invested in an account which earns 8% interest compounded annually, which will be the balance of the account at the end of 17 years? P5,458.84 P5,507.68 P5,387.93 P5,254.03
P1,420 is invested in an account which earns 8% interest compounded annually, which will be the balance of the account at the end of 17 years? P5,458.84 P5,507.68 P5,387.93 P5,254.03
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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If P1,420 is invested in an account which earns 8% interest compounded annually, which will be the balance of the account at the end of 17 years?
P5,458.84 |
||
P5,507.68 |
||
P5,387.93 |
||
P5,254.03 |
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