Question
Q5 Payments of $3,000 per quarter are deposited into a fund at the end of each quarter for 8 years. If interest is 6.8% p.a.
Q5
Payments of $3,000 per quarter are deposited into a fund at the end of each quarter for 8 years. If interest is 6.8% p.a. compounding quarterly, the size of the fund at the end of 8 years will be (to nearest dollar but dont include $ sign or commas):
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
