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9. Mrs. Gina Joaquin needs a fund of P900,000 to expand her house. To provide for this, she will place P20,000 at the end of

9. Mrs. Gina Joaquin needs a fund of P900,000 to expand her house. To provide for this, she will place P20,000 at the end of each month in an investment that pays [12%, m = 12]. (a) When will the fund accumulate to at least P900,000? (b) How many full investments of Php 20,000 are required?

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