Question
You plan to save money for a down payment of $43,000 to purchase an apartment. You can only afford to save $1,250 at the end
You plan to save money for a down payment of $43,000 to purchase an apartment. You can only afford to save $1,250 at the end of every quarter into an account that earns interest at 3.94% compounded annually. How long will it take you to save the planned amount?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
