ROXANNECANETE3GO
Answered

b. Pre II. Solve the following problems. Show your solution. 1. Finding the future value of simple ordinary annuity. Marilou started to deposit P3,000 quarterly in a fund that pays 5% compounded quarterly. How much will be in the fund after 5 years?​

Sagot :

AENEIDJEONGO

Answer:

P7200

Step-by-step explanation:

P2000x(1+5.5%)6x6

≈P2000x3.6

≈P7200

Go Educations: Other Questions