Six hundred pesos is deposited each year into a savings account that pays 6 % compounded continuously How much will be in the account at the end of 8 years? Select one: О a.Р6,458 ОБР6229 O c. P 5,562 O d. P 5,978

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Six hundred pesos is deposited each year into a savings account that pays 6% compounded
continuously How much will be in the account at the end of 8 years?
Select one:
О а Р6.458
O b.P 6,229
O c. P 5,562
O d. P 5,978
Transcribed Image Text:Six hundred pesos is deposited each year into a savings account that pays 6% compounded continuously How much will be in the account at the end of 8 years? Select one: О а Р6.458 O b.P 6,229 O c. P 5,562 O d. P 5,978
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