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Consider an annuity with an inital value of R120000 and monthly withdrawls of R3400. The annuity has an interest rate of 2% per month compounded
Consider an annuity with an inital value of R120000 and monthly withdrawls of R3400. The annuity has an interest rate of 2% per month compounded quarterly (4 times per year). Construct a model for the remaining value in the annuity after n steps. Determine if the annuity grows, is in equilibrium or depletes over time
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The Audit Of Maritime Brokerage Companies
Authors: Aymen Karma
1st Edition
6203599743, 978-6203599749
