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could u please do this using the formula because iam having troubke understanding this thnak u You are preparing to make quarterly payments of $100
could u please do this using the formula because iam having troubke understanding this thnak u
You are preparing to make quarterly payments of $100 into an account that pays 6 percent interest compounded quarterly. The first payment is made today. How long will you have to wait until your account balance reaches $4,798.51 ? 9 years 9.1 years 15 years 36 years 36.4 years Hide question 13 feedback This is an annuity due problem. All on quarterly basis BGN 100 PMT 6/4I/Y 4798.51FV CPT N=36 quaters =9 years Step by Step Solution
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