SOLUTION: Jen needs to raise PHP 80,000 in 15 months. What amount should she be able to set aside now and invest in a fund earning 2% per month in order for her to reach her target amount?

SOLUTION: Jen needs to raise PHP 80,000 in 15 months. What amount should she be able to set aside now and invest in a fund earning 2% per month in order for her to reach her target amount?

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Question 1126260: Jen needs to raise PHP 80,000 in 15 months. What amount should she be able to set aside now and invest in a fund earning 2% per month in order for her to reach her target amount?
Answer by Alex.33(110) (Show Source): You can put this solution on YOUR website!

,approximately.
And I think it's done. Hope this helps!
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