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Bookmark or Share- Answered: The sum of P15, 000.00, deposited in an… | bartlebySolution for The sum of P15, 000.00, deposited in an account earning 4% per annum compounded quarterly, will become P18, 302.85.
- Answered: Under the NBA deferred compensation… | bartlebyOption 1 allows the retiree to select the amount of the annual payment to be received, and option 2 allows the retiree to specify over how many years payments are to be received. Assume Hardaway has had $7,000 deposited at the end of each year for 30 years, and that the long-term interest rate has been 8%.
- Answered: P1,500.00 was deposited in a bank… | bartlebyQ: A man deposited P5,000 in a bank at a rate of 10% per annum for 9months and 25days. Find the… A: Future value of deposits is the sum of all the deposits compounded using the provided discount rate.
- Answered: Amishi deposited $800, at the end of… | bartlebyAmishi deposited $800, at the end of each six months for 19 years in a savings account. If the account paid 8% interest, compounded semiannually, use the appropriate formula to find the future value of her account. (Round your answer to the nearest cent.) $ _____
- Answered: If the sum of Php 15,000 is deposited… | bartlebyA: In this question:- P10,000 is deposited each year time=9 years Cost of money is 14% compounded… Q: A condominium unit can be bought at a down payment of ₱150,000 and a monthly payment of ₱ 23,347 for…
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