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JericoOCIgo
Answered

A deposit of 120 000.00 Php is placed into a college fund
at the beginning of every month for 10 years. The fund
earns 9% annual interest, compounded monthly, and paid
at the end of the month. How much is in the account right
after the last deposit?​

Sagot :

Marzokhrislyricago

Answer:

120,000 ÷ 10 - 9%=

120,000 ÷ 10= 12,000

12,000 - 9% = 10,920

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