Solve the following problems. (Round amounts to the nearest centavo)
1. Find the compound amount and interest if P 24,000 is invested for 1 year at 8% compounded:
a. annually
b. semi-annually
c. quarterly
d. monthly
Share
Solve the following problems. (Round amounts to the nearest centavo)
1. Find the compound amount and interest if P 24,000 is invested for 1 year at 8% compounded:
a. annually
b. semi-annually
c. quarterly
d. monthly
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
1b.
Step-by-step explanation:
dahil may 1year na 8% percent sya