Question: pls answer my 2 questions Question 2 At the beginning of every three months, a college student deposits 3,000 in a fund that gives 2%
pls answer my 2 questions
Question 2
At the beginning of every three months, a college student deposits 3,000 in a fund that gives 2% compounded quarterly. If he intends to use this money for his graduation, how much money does he have in 42 months? Blank 1
Question 5
Lino borrows 600,000 with interest at 14% compounded quarterly. He agrees to settle this obligation by a sequence of equal quarterly installments with the first one due at the end of 4 years and the last at the end of 9 years. Find the installment payment. Blank 1
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