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In Math / Junior High School | 2024-10-20

1. Aling Paring started to deposit P2,000 quarterly in a fund that pays 5.5% compounded annually. How much will be in the fund after 6 years?​

Asked by kokobaldo156

Answer (1)

Answer:2757.67use the formulaF=P(1+r/n)^(nt)P=2000r=0.055n=1t=6

Answered by justbeintune | 2024-10-20

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