Renzelesteban10viz
Answered

36. In order to have PHP 50,000.00 in 5 years, how much should you invest if the compound interest is 5%

a. PHP 39, 176.31
b. PHP 93, 176.31
C.PHP 176, 390.31
d.PHP 39. 671.31
patulong po​

Sagot :

Jekkk60viz

Answer:

a.

Step-by-step explanation:

F=P(1+i)^n

50,000=P(1+0.05)^5

50,000=(P)(1.2763)

50,000/1.2763=P

P=39,176.31