johnrichardpastranat johnrichardpastranat

04-05-2022
Mathematics

contestada

Find the compound amount and interest if Php. 400,000 is invested at 8 %, compounded quarterly for 5 years and 6 months?

Respuesta :

jsimpson11000 jsimpson11000

10-05-2022

Answer:

618 391 .87

Step-by-step explanation:

5 years 6 months = 22 quarters

8% = .08 .08/4 = .02 interest per period

400 000 ( 1 + .02)^22 = 618 391.87

Answer Link

Otras preguntas

Bruce was the candidate ___________ the eleventh grade supported. whom who

Energy in the atom can be absorbed or released only in quanta of energy.

What is one-fourth of four sevenths

Bonding is described as the adaptation an infant develops only in his home environment. t/f

Naturalism extends the concepts behind realism in that it a. tries to imitate reality in a believable way. b. creates real situations in a natural setting. c.

Which quotation from The Crisis, No. 1 MOST appeals to the readers' emotions? a. “Tyranny, like hell, is not easily conquered…” b. “I have as little superstit

A spider building its first web does so perfectly. What type of behavior is this?

Glacial deposits related to streams of water are called? a. moraine. b. outwash. c. kames. d. drumlins.

Surrealists felt that it was important to emphasize the ____________________.

If a layer of sandstone lies on top of a layer of limestone in which a 300-million-year-old fossil is found, and there are no unconformities, the layer of sands