Miranda is a 10 years old at the time an amount of 20,000 Php was invested at a rate of 8.5% compounded quarterly and she wish to withdraw the money to use it on her 18th birthday. how many times is...


Miranda is a 10 years old at the time an amount of 20,000 Php was invested at a rate of 8.5% compounded quarterly and she wish to withdraw the money to use it on her 18th birthday.



how many times is compounding done in a year?



then how much money is available on her 18th birthday party?



Jun 11, 2022
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