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You want to calculate for how long must $179.23 be deposited at the end of each month to accumulate to $9700.00 at 6.18% compounded quarterly?
You want to calculate for how long must $179.23 be deposited at the end of each month to accumulate to $9700.00 at 6.18% compounded quarterly? Find p (the equivalent rate of Interest per payment period)
Select one:
a. 0.0051237
b. 0.00828567
c. 0.00263716
d. 0.002266917
e. 0.002956301
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