Sonia sets aside £125 at the start of each month in a savings scheme paying 14% p.a. compounded quarterly. How much will she have saved in 10 years' time? Note: Perform all the calculations without rounding any intermediate results. Round your final answer to two decimal places.
Sonia sets aside £125 at the start of each month in a savings scheme paying 14% p.a. compounded quarterly. How much will she have saved in 10 years' time? Note: Perform all the calculations without rounding any intermediate results. Round your final answer to two decimal places.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 12PROB
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