Question 1189641
.
You deposit Php 2500 into an account that pays 3.5% annual interest compounded daily. 
How long will it take for the balance to reach Php 3000
solution: A=Pe^rt
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Your formula in the post  (the  "  instruction ")  does not correspond to the wording description.


Making the post SELF-CONTRADICTORY.



Is my understanding correct that you create the "problems" on your own  

without having necessary basic knowledge on the subject ?



To learn the subject from scratch,  read the lessons

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/logarithm/Problems-on-discretely-compound-accounts.lesson>Problems on discretely compound accounts</A> 

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/logarithm/Problems-on-continuously-compound-accounts.lesson>Problems on continuously compounded accounts</A> 

in this site &nbsp;(on the free of charge basis . . . )



Consider these lessons as your textbook, &nbsp;handbook, &nbsp;guide,  &nbsp;tutorials and &nbsp;(free of charge) &nbsp;home teacher.



You will find there everything that you need to know, &nbsp;in clear and compact form.