Question
Michael received $8000 from his parents to attend college. If he invests the money at 12% per annum compounded monthly, how much can he draw
Michael received $8000 from his parents to attend college. If he invests the money at 12% per annum compounded monthly, how much can he draw monthly for the next 2 years starting 1 month later?
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Finance For A Better World
Authors: Henri-Claude De Bettignies, F. Lépineux
2009th Edition
0230551300, 978-0230551305
