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At retirement, a man finds that his share of a pension fund is P1,916,942. What payment will this provide at the beginning of each month
At retirement, a man finds that his share of a pension fund is P1,916,942. What payment will this provide at the beginning of each month for 294 months, for him or his estate, if the fund is invested at 7% compounded monthly.
At retirement, a man finds that his share of a pension fund is P1,916,942. What payment will this provide at the beginning of each month for 294 months, for him or his estate, if the fund is invested at 7% compounded monthlyStep by Step Solution
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