Question
If you invest $1,000 every month and earn 12% APR compounded monthly, how many deposits must you make before you can start withdrawing $1,000 every
If you invest $1,000 every month and earn 12% APR compounded monthly, how many deposits must you make before you can start withdrawing $1,000 every month forever...assuming you live that long? Please answer using a financial calculator.
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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