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What will be the amount of deposit at the end of two years

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Reference no: EM132817431

Problem 1: Grace and Donna deposited PHP 8,000 in a saving account at 5 3/4%. if interest is compounded monthly, what will be the amount of their deposit at the end of two years?

a. The interest rate in the problem is:
b. Php 8,000 in the problem is:
c. What is asked in the problem?

Reference no: EM132817431

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