An engineer wishes to save her earnings on an account that earns interest at 15%....
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Finance
An engineer wishes to save her earnings on an account that earns interest at 15%. She saved P12,000 monthly on his first year in the field. After which, she started saving P23,000 quarterly. How much would she be able to save after 6 years if the interest rate is a. compounded quarterly? b. compounded annually? c. compounded monthly?
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