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A person needs $ 9 2 0 0 0 . He / she makes deposits of $ 1 7 5 0 at the end of
A person needs $ Heshe makes deposits of $ at the end of each quarter in an account which earns compounded quarterly.
a How many full deposits are required?
b Find the amount of the smaller concluding deposit at the end of the next quarter.
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
