Account operations

My savings of PHP 90,000 in a bank earns 6% interest in a year. If I deposit an additional PHP 10,000 at the end of 6 months, how much money will be left if I withdraw PHP 25,000 after a year?

Correct answer:

x =  80700

Step-by-step explanation:

q1=1+1006=1001 100+1006=100100+1006=100100+6=100106=5053=1503=1.06 q2=1+1006/2=100103=11003=1.03  x=90000 q1+10000 q225000=90000 5053+10000 10010325000=80700



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