Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If P100,000 is invested in a time deposit account at 1.5% per annum, How much will be on the account after 180 days, considering the
If P100,000 is invested in a time deposit account at 1.5% per annum, How much will be on the account after 180 days, considering the 20% withholding tax? Assume 365 days per year.
Choices:
Php 100,600.52
Php 100,750.84
Php 100,147.95
Php 100,591.78
NEED ASAP
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started