Question
When Jocelyn celebrated her 30th birthday, she deposited P2,000 every 2 months at 9% compounded bi-monthly until she reached 40 years old. After her last
When Jocelyn celebrated her 30th birthday, she deposited P2,000 every 2 months at 9% compounded bi-monthly until she reached 40 years old. After her last deposit, the accumulated funds remained in the bank for another 10 years at 15% compounded quarterly.
Find the amount of the fund when she celebrated her 50th birthday.
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Elementary Statistics
Authors: Mario F. Triola
12th Edition
0321836960, 978-0321836960
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