Question
You plan to save money for a down payment of $43,000 to purchase an apartment. You can only afford to save $6,000 at the end
You plan to save money for a down payment of $43,000 to purchase an apartment. You can only afford to save $6,000 at the end of every 6 months into an account that earns interest at 5.75% compounded monthly. How long will it take you to save the planned amount?
how many year and months?
Express the answers in years and months, rounded to t
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
