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Ollie currently has 11,200 dollars saved and plans to make quarterly savings contributions of 12,000 dollars. His first quarterly savings contribution is expected in 3
Ollie currently has 11,200 dollars saved and plans to make quarterly savings contributions of 12,000 dollars. His first quarterly savings contribution is expected in 3 months. Ollie expects to earn 19.48 percent per year. How many quarterly savings contributions of 12,000 dollars does Ollie need to make in order to have 245,189 dollars? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).
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