Question
Starting with his next monthly salary, Harold intends to save $200 each month. If the interest rate is 8.4% p.a., payable monthly, how much will
Starting with his next monthly salary, Harold intends to save $200 each month. If the interest rate is 8.4% p.a., payable monthly, how much will Harold have saved after 2 years?
Monthly interest rate is 8.4%/12 = 0.7%.
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Exploring Public Relations And Management Communication
Authors: Ralph Tench, Stephen Waddington
5th Edition
1292321741, 9781292321745
