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Mrs. Regina Mensah is planning her daughters University education. She will enter university in five years time and will need GH6,000 per annum for four
Mrs. Regina Mensah is planning her daughters University education. She will enter university in five years time and will need GH6,000 per annum for four years. How much will have to be deposited now to make it possible for the daughter to withdraw GH6,000 each year at the University. The rate of 8%
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