Php 100 000 is deposited in a trust fund at an annual interest rate of 10%. compounded monthly. How long will it take the fund to reach P102 000? (Recall that f(x) = a(1 + b)*, where a is the initial investment,b is the rate per compounding period, and x is the total number of periods.) %3D
Php 100 000 is deposited in a trust fund at an annual interest rate of 10%. compounded monthly. How long will it take the fund to reach P102 000? (Recall that f(x) = a(1 + b)*, where a is the initial investment,b is the rate per compounding period, and x is the total number of periods.) %3D
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 31HP
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