Mrs. Vargas would like to save P3,000 every month for 6 months in a fund that gives 9% compounded monthly. What is the future value of her savings?
a. P17,840.89
b. P18,340.89
c. P19,349.89
d. P18,840.89
a. P17,840.89
b. P18,340.89
c. P19,349.89
d. P18,840.89
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Answer:
Letter A
Step-by-step explanation:
P3000÷6÷9
=17,840.89