1.jeanelle has ₱5,000.00 in a bank which is below her required maintaining balance. As a penalty her money decreases at the rate of 5% every month how much money will she have after 1 year?

2.if ₱20,000.00 is invested at 10% compounded quarterly when will the amount of investment be triple?

3.Mr.jolo deposited an amount of ₱20,000.00 in a bank that gives 3% annual interest compounded monthly. How much money will he have in the bank after 4 years?


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