Question
In an investment account that offers the interest rate 6.5% per annum, a deposit of N$ 250,000.00 made on 1st of July 2021 and another
In an investment account that offers the interest rate 6.5% per annum, a deposit of N$ 250,000.00 made on 1st of July 2021 and another deposit of N$ 180,000.00 made on 1st January 2022. What will be the balance of the account as on 31st May 2022? Interest is calculated monthly and added to the account.
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Handbook Of Consumer Finance Research
Authors: Jing Jian Xiao
2nd Edition
3319288857, 978-3319288857
