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Math

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2. Amy and Susan each makes regular deposits into an annuity. Amy deposits P2,000.00 at the
end of each month at 6% compounded quarterly. Susan deposits P6,000 at the end of each
quarter at 6% compounded monthly. Who will have the greater amount at the end of 5 years?
Explain using the calculated amount.

Sagot :

JohnAndreidumiogo JohnAndreidumiogo

Answer:

AMY BECAUSE SHE HAS THE BIGGEST AMOUNT OF MONEY IF WHEN IT GETS IN ONE YEAR SHE GETS 72milliion

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