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Try Exercise 2.6.1. 1. An investment of GHc10,000 is to be used to make payments of Ghe 700 at the end of every year
Try Exercise 2.6.1. 1. An investment of GHc10,000 is to be used to make payments of Ghe 700 at the end of every year as long as possible. If the effective annual rate of interest is 6%. Find a) The number of regular payments the fund will make. b) The size of the smaller final payment if the payment will be made in addition to the last regular payment. The size of the smaller final payment if the payment will be made one year after the last regular payment. d) The size of the smaller final payment if the payment is to be made during the year fallowing the last regular payment. Don't use any software I want hardwriting I want hardwriting. Please
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