You plan to save money for a down payment of $50,000 to purchase an apartment. You can

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You plan to save money for a down payment of $50,000 to purchase an apartment. You can only afford to save $1000 at the end of every month in an account that has an interest rate of 2.29% compounded quarterly. How long will it take you to save the amount?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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