document.write( "Question 1158132: Julienne deposited her money amounting to P5,500 to her saving account in the CCJE cooperative. If the coop gives 6% interest per annum. How much would her money be after 10 years? \n" ); document.write( "
Algebra.Com's Answer #781066 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "To solve the problem, we do not need to know the name of this banking institution.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "What we REALLY need to know is if the account is compounded or simple.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is 90% probability that it is compounded, but the problem, had it be formulated PROFESSIONALLY,\r \n" ); document.write( "\n" ); document.write( "should say it directly, openly and explicitly, without leaving the room for the reader for his (or her) guessing or assumptions.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |