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Question 7 8 points Save Answe Suppose you deposit X TL now at 6.8% interest compounded quarterly in order to be able to withdraw 4,000
Question 7 8 points Save Answe Suppose you deposit X TL now at 6.8% interest compounded quarterly in order to be able to withdraw 4,000 TL at the end of each quarter for 13 quarters. Answer the following questions. (a) In order to find X which formula do you use? (You can write the number in front of the formula written on the formula sheet we gave you.) Answer: Formula (b) What is i? Answer: (c) What is n? Answer: (d) What is t? Answer: years
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