A young woman 22 years old has just graduated from college. She accepts a good job and desire to establish her own retirement fund. At the beginning of each year thereafter she plans to deposit P...


A young woman 22 years old has just graduated from college. She accepts a<br>good job and desire to establish her own retirement fund. At the beginning of<br>each year thereafter she plans to deposit P 2,000 in a fund at 15% annual<br>interest. How old will she be when the fund has an accumulated value of P<br>1,000,000.<br>52<br>53<br>31<br>30<br>

Extracted text: A young woman 22 years old has just graduated from college. She accepts a good job and desire to establish her own retirement fund. At the beginning of each year thereafter she plans to deposit P 2,000 in a fund at 15% annual interest. How old will she be when the fund has an accumulated value of P 1,000,000. 52 53 31 30

Jun 05, 2022
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