use the following values: P = ₱15,000, ? 12 = 5%, t = 4 years, m = 12. 14. How much is the maturity value? a. ₱18, 313.43 b. ₱17, 413.37 c. ₱16, 313.37 d. ₱15, 413.43 15. How much is the compound interest? a. ₱413.43 b. ₱1,313.37 c. ₱2,413.37 d. ₱3, 313.43
use the following values: P = ₱15,000, ? 12 = 5%, t = 4 years, m = 12. 14. How much is the maturity value? a. ₱18, 313.43 b. ₱17, 413.37 c. ₱16, 313.37 d. ₱15, 413.43 15. How much is the compound interest? a. ₱413.43 b. ₱1,313.37 c. ₱2,413.37 d. ₱3, 313.43
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
Related questions
Question
use the following values: P = ₱15,000, ?
12 = 5%, t = 4 years,
m = 12.
14. How much is the maturity value?
a. ₱18, 313.43
b. ₱17, 413.37
c. ₱16, 313.37
d. ₱15, 413.43
15. How much is the compound interest?
a. ₱413.43
b. ₱1,313.37
c. ₱2,413.37
d. ₱3, 313.43
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