Maria invested php 175,000 in a savings account that pays 0.3% simple interest annually. Assuming that there are no deposits and withdrawals made, how much is her maturity value at the end of 476 days provided that taxes on interest earnings is applied?

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
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Maria invested php 175,000 in a savings account that pays 0.3% simple interest annually. Assuming that there are no deposits and withdrawals made, how much is her maturity value at the end of 476 days provided that taxes on interest earnings is applied?

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