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Mathematics, 10.02.2021 20:20, natalie2sheffield
1. In order to save for her high school graduation, Kathrina decided to save ₱200 at the end of every other month, starting the end of the second month. If the bank pays 0.250% compounded monthly, how much will be her money at the end of 5 years? (use j = 0.000417, n = 30) 2. Emma availed of a cash loan that gave her an option to pay ₱10,000 monthly for 1 year. The first payment is due after 6 months. How much is the present value of the loan if the interest rate is 12% converted monthly?
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