Question
Kolby has made deposits of $119into his savings account at the end of every three months for 18 years. If interest is 10 % per
Kolby has made deposits of $119into his savings account at the end of every three months
for 18
years. If interest is
10 %
per annum compounded
monthly
and he leaves the accumulated balance for another
5
years, what would be the balance in his account then?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
