BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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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?
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P189, 126.38
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P117, 110.88
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P138, 668.16
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P110, 552.28
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Explanation:
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