Rose makes an investment worth P15,000 in a savings bank paying 14% compounded monthly. If she withdrawn

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Rose makes an investment worth P15,000 in a savings bank paying 14% compounded monthly. If she withdrawn all her investments and the interest which amount to P19,000 for how long did she invest her money?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 20, 2023 04:52 AM

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Rose makes an investment worth P15,000 in a savings bank paying 14% compounded monthly. If she withdrawn

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To determine the time Rose invested her money we can use the formula for compound interest A P1 rnnt ... View the full answer

Income Tax Fundamentals 2013

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