# Calculate the amount to which the first to the fourth period P20,000.00 will grow using the compound…

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### Tanong

Calculate the amount to which the first to the fourth period P20,000.00 will grow using the compound interest formula. Period Amount in Pesos Amount.in Exponential Form P20,000(1.01) 1 P 29,282 [No space] 2 3 4 5 P20,000 P 20.000 Total Note: The P20,000 deposited at the end of the first year will draw interest for 4 years, so it will amount to $20,000(1.01)* . The P20,000 deposited at the end of the second year will draw interest for 3 years so it will amount to P20,000(1.01). and so on. 1. What pattern will be reflected in the 2nd column of the table? Discuss.

### Mga sagot sa #1 sa Tanong: Calculate the amount to which the first to the fourth period P20,000.00 will grow using the compound interest formula. Period Amount in Pesos Amount.in Exponential Form P20,000(1.01) 1 P 29,282 [No space] 2 3 4 5 P20,000 P 20.000 Total Note: The P20,000 deposited at the end of the first year will draw interest for 4 years, so it will amount to $20,000(1.01)* . The P20,000 deposited at the end of the second year will draw interest for 3 years so it will amount to P20,000(1.01). and so on. 1. What pattern will be reflected in the 2nd column of the table? Discuss.

20,000 (1.01)^3

A sequence pattern

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