BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
RCS Bank pays interest at the rate of 2% compounded quarterly. How much will Raphael have in the bank at the end of 5 years if he deposits P3, 000 every month?
A
P189, 126.38
B
P117, 110.88
C
P138, 668.16
D
P110, 552.28
Explanation: 
There is 1 question to complete.