Question
Mrs. Smith makes provision for her own pension. She invests $240 every month starting 1 month after her 30th birthday, into an account that pays
Mrs. Smith makes provision for her own pension. She invests $240 every month starting 1 month after her 30th birthday, into an account that pays 9% per annum compounded monthly. How much will she have on her 50th birthday?
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
