JOEY has P750,000 in bank account as of Dec. 31, 2018. If he deposited P40,000 in the account at the end of each next 3 years and the account earns 8% per annum, the amount he will have in the account...

Joey has 750,000 in bank account as of December 31,2018. If he deposited P40,000 in the account at the end of each next 3 years and the account earns 8% per annum,the amount he will have in the account by the end of 2021 will be closest to

Extracted text: JOEY has P750,000 in bank account as of Dec. 31, 2018. If he deposited P40,000 in the account at the end of each next 3 years and the account earns 8% per annum, the amount he will have in the account by the end of 2021 will be closest to O P920,000 P960,000 O P1,070,000 O P1,120,000