Question: (a) What amount should be kept aside every quarter for the next six years to replace equipment that will cost Tsh 240,000,000?= then? Assume an

(a) What amount should be kept aside every quarter for the next six years to replace equipment that will cost Tsh 240,000,000?= then? Assume an interest rate of 12% p.a. compounded quarterly.(I5 Marks)

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