Sonia sets aside 1 2 5 at the start of each month in a savings scheme paying
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Question:
Sonia sets aside 125 at the start of each month in a savings scheme paying 13% p.a. compounded quarterly. How much will she have saved in 18 years' time? Note: Perform all the calculations without rounding any intermediate results. Round your final answer to two decimal places.
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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