Question: Answer it all thanks 1. In how many years will an annual investment of P 90,000 at 7% effective amount to P310,000? 2. After retiring,

 Answer it all thanks 1. In how many years will an

Answer it all thanks

1. In how many years will an annual investment of P 90,000 at 7% effective amount to P310,000? 2. After retiring, a man placed his retirement pay of P2,300,000 at a bank paying 9% interest, compounded monthly. How long will it take to exhaust his funds if he withdraws P15,000 at the end of each month? 3. How long will it take a quarterly deposit of P 7,500 to accumulate to P50,000 if money is worth 10%, compounded quarterly? How much should be the last deposit

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