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Jenny began depositing 1 2 5 , 0 0 0 at the end of every year after her daughter was born. This was to ensure

Jenny began depositing 125,000 at the end of every year after her daughter was born. This was to ensure that by adulthood, her
daughter would be financially secure. If the interest rate is 8.5%, how old would her daughter be for her to withdraw at least
P10,000,000?
24
27
25
26 years
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