Question: How long will it take to save $ 1883.00 by making deposits of $191.00 at the end of every three months into an account earning
How long will it take to save $ 1883.00 by making deposits of $191.00 at the end of every three months into an account earning interest at 9% compounded quarterly? State your answer in years and months (from 0 to 11 months).
It will take year( ) and month( ).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
