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4. Julia saves Php 3,000.00 from her salary every quarter in a bank that pays 0.25% compounded monthly. How much will be her savings after 5 years?​

Sagot :

Principal:(3000)(4)(5)=6000

RATE:0.25%=0.0025

n:(4)(5)=20

Time:5years

Amount=6000(1+0.0025÷20)²⁰×⁵

6000(20.0025÷20)¹⁰⁰=6000(1.00012)¹⁰⁰

=60724.293

And: Total Saving:P60724.293

Explanation:Ikaw na magadjust nang iba basta anjan na yung sagot.Pakitama kung mali.