Q2. Deposits are to be made to an account as indicated in the table below which bears interest at the rate of 10% compounded annually. How much will there be in the account at the end of the sixth...

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Q2. Deposits are to be made to an account as indicated in the table below which bears interest at the<br>rate of 10% compounded annually. How much will there be in the account at the end of the sixth year?<br>END OF YEAR<br>DEPOSIT<br>1<br>2<br>500<br>1000<br>4<br>1500<br>5<br>2000<br>Answer: F6 = 6,078.05Php<br>

Extracted text: Q2. Deposits are to be made to an account as indicated in the table below which bears interest at the rate of 10% compounded annually. How much will there be in the account at the end of the sixth year? END OF YEAR DEPOSIT 1 2 500 1000 4 1500 5 2000 Answer: F6 = 6,078.05Php

Jun 07, 2022

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Q2. Deposits are to be made to an account as indicated in the table below which bears interest at the rate of 10% compounded annually. How much will there be in the account at the end of the sixth...

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