Question
A bank is offering a 2% APR compounded quarterly on its savings accounts. In order to have $10,000 in this account three years from today,
A bank is offering a 2% APR compounded quarterly on its savings accounts. In order to have $10,000 in this account three years from today, how much should I deposit each quarter assuming the first deposit will be in three months?
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Introduction To Machine Learning In Quantitative Finance An Advanced Textbooks In Mathematics
Authors: Hao Ni, Xin Dong, Jinsong Zheng, Guangxi Yu
1st Edition
1786349361, 9781786349361
