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annual payment of php 400 for 3 years with an interest at 2% compounded annually


Sagot :

Answer:

Im 3 years you will have 424.48 php

Step-by-step explanation:

start principal start balance interest tax end balance end principal

principal. balance. interest. end balance

1 $400 $400. $8. $408

2 $400. $408 $8 $416

3 $400 $416 $8. $0 $424