3. Php 120,000 is deposited in a savings bank that earns 9% simple interest per year. What will be the

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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C. Solve as indicated.
3. Php 120,000 is deposited in a savings bank that earns 9% simple interest per year. What will be the
amount at the end of the fifth year?
Transcribed Image Text:C. Solve as indicated. 3. Php 120,000 is deposited in a savings bank that earns 9% simple interest per year. What will be the amount at the end of the fifth year?
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