Rose invested P 1,000 at an interest rate 5% per year compounded semi-annually.How much money will be in the account after 18 years?
Rose invested P 1,000 at an interest rate 5% per year compounded semi-annually.How much money will be in the account after 18 years?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.5: Logarithmic Functions
Problem 22PS
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GENERAL MATHEMATICS
Solve the following problems involving logarithmic functions.
1.Rose invested P 1,000 at an interest rate 5% per year compounded semi-annually.How much money will be in the account after 18 years?
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