William Ng's answer to Floppy Jung's Philippines question.

done {{ upvoteCount }} Upvotes
clear {{ downvoteCount * -1 }} Downvotes
William Ng
William Ng's answer
58 answers (Tutor Details)
1st
key thing is to use the compound interest formula
P(1+i/100)^n
P = initial amount (principal amount)
i = interest rate
n = no of months/years compounded