Question: How many more payments would be required to be able to accumulate at least $48,000 by saving $950 at the beginning of every month instead
How many more payments would be required to be able to accumulate at least $48,000 by saving $950 at the beginning of every month instead of $950 at the end of every 6 months? Assume an interest rate of 3.94% compounded semi-annually. (Question relates to Mathematics of Business and Finance).
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Round all number of payments up to a whole number
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