Math Problem Statement
1. ¿Cuanto se habra capitalizado en 8 meses efectuando depositos de fin de mes de s/.400 en una institucion bancaria que paga una TNA del 24% capitalizable semestralmente?
Solution
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Math Problem Analysis
Mathematical Concepts
Annuities
Compound Interest
Future Value
Interest Rate Conversion
Formulas
Future Value of an Ordinary Annuity: FV = C * ((1 + i)^n - 1) / i
Interest Rate Conversion: (1 + i_m) = (1 + i_s)^(1/6)
Theorems
Compound Interest Theorem
Annuity Valuation
Suitable Grade Level
Grades 11-12
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