Answer to Question #190041 in Algebra for Demelza

Question #190041

Maria wants to have ₱750,000.00 at the end of 4 years for her graduation expenses. She plans to deposit a certain amount at the end of each month to achieve this. Her bank pays 15% compounded monthly. Which of the following refers to the total number of deposits? *

Expert's answer

4 years amount at the end of each month, then "4\\times 12=48"

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