You need P4,000 per year for four years to go to college. Your father invested P5, 000 in 7% account for your education when you were born. If you withdraw P4, 00 0 at the end of your 17th, 18th, 19th...


You need P4,000 per year for four years<br>to go to college. Your father invested P5,<br>000 in 7% account for your education<br>when you were born. If you withdraw P4,<br>00 0 at the end of your 17th, 18th, 19th<br>and 20th birthday, how much will be left<br>in the account at the end of the 21st<br>year?<br>

Extracted text: You need P4,000 per year for four years to go to college. Your father invested P5, 000 in 7% account for your education when you were born. If you withdraw P4, 00 0 at the end of your 17th, 18th, 19th and 20th birthday, how much will be left in the account at the end of the 21st year?

Jun 06, 2022
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