एका सांकेतिक भाषेत DATE=20 FADE=30 तर त्याच सांकेतिक भाषेत COAT =?
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COAT =20
A savings association pays 1.5% interest quarterly. What is the effective annual interest rate?
2. A sum of money is deposited now in a savings account. The effective annual interest rate is 12% and interest is compounded monthly. How much money must be deposited to yield P500.00 at the end of 11 months?
3. A. 40-year old consulting engineer wants to set up a retirement fund to be used starting at age 65. P20,000.00 is invested now at 6% compounded annually. Approximately how much money will be in the fund at retirement?
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