Question
Lauren wants to accumulate 150,000 pesos in her bank account by depositing 1,000 pesos at the beginning of each month. If the interest rate on
Lauren wants to accumulate 150,000 pesos in her bank account by depositing 1,000 pesos at the beginning of each month. If the interest rate on the account is 5% compounded quarterly, for how long does Lauren have to deposit the money?
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Slavery And American Economic Development
Authors: Gavin Wright
1st Edition
0807152285, 9780807152287
