Jen has Php100,000 in the bank. She intends to increase her savings to Php500,000. If...
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Accounting
Jen has Php100,000 in the bank. She intends to increase her savings to Php500,000. If she can deposit Php8,000 at the end of every month and the bank pays 3% compounded monthly, when will she be able to save the said amount? How many years?
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