What is the future worth of P600 deposited at the end of every month for 4 years if the interest rate is 12% compounded quarterly?
What is the future worth of P600 deposited at the end of every month for 4 years if the interest rate is 12% compounded quarterly?
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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What is the future worth of P600 deposited at the end of every month for 4 years if the interest rate is 12% compounded quarterly?
Include cashflow if possible
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