document.write( "Question 977243: A bank pays an annual interest rate of 3% compounded quarterly. If the initial deposit (or principal) is Php 50,000, find the balance after 5 years. \n" ); document.write( "
Algebra.Com's Answer #598764 by solver91311(24713)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( "The future value, , of a single investment, , at an annual interest rate of percent, for years, compounded times per year is given by:\r
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\n" ); document.write( "\n" ); document.write( "You have all the numbers. Plug them in and do the arithmetic.\r
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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