Math, asked by maynardboque83, 6 months ago

Find the interest of Php23, 000 invested for 3 years at 7% compounded quarterly

Answers

Answered by sapnabansal700

0

Answer:

28175.99

Step-by-step explanation:

Ci = p(1+r/100)t

= 23000(1+7/100)³

lcm of 1 and 100 is 100

=23000(100/100+7/100)³

=23000(107/100)³

=23000*107/100*107/100*107/100

=28175.989

=28175.99

I hope this will help you

:)

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