Payments of $360 are made into a fund at the end of every 3 months for 12
Question:
(a) What will be the balance in the fund after 12 years?
(b) How much of the balance is deposits?
(c) How much of the balance is interest?
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a Balance in the fund 2673460 N 12 4 48 quarterly payments ...View the full answer
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Related Book For 
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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