Question
You wish to make 4 equal annual deposits into a savings account so at the time of your last deposit there is $100,000 in the
You wish to make 4 equal annual deposits into a savings account so at the time of your last deposit there is $100,000 in the account. If the interest rate on is an annual nominal interest rate of 3% compounded daily, how much must the equal annual deposits be?
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The ASQ Auditing Handbook
Authors: J. P. Russell
3rd Edition
0873896661, 978-0873896665
