Suppose you deposit$4,000 at the beginning of each quarter and keep on doing this for25 years.Assume that
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Question:
Suppose you deposit $4,000 at the beginning of each quarter and keep on doing this for 25 years. Assume that you can earn 7.2% p.a. on your saving, compounded quarterly.
How much money will you accumulate at the end of year 25?
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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