For how long must contributions of $2000 be made at the end of each year to accumulate

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For how long must contributions of $2000 be made at the end of each year to accumulate to $100 000 at 6% compounded quarterly?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 04:00 AM

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For how long must contributions of $2000 be made at the end of each year to accumulate

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Contemporary Business Mathematics with Canadian Applications

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