Question: Problem 01: You open a saving account that pays a nominal annual interest of 12% which compounds monthly. In this account, you will make equal

Problem 01: You open a saving account that pays a nominal

Problem 01: You open a saving account that pays a nominal annual interest of 12% which compounds monthly. In this account, you will make equal deposits during the 0, 2, and 4h month. Starting the 6h month, you are planning to withdraw S 150 for four consecutive months. How much do you need to deposit irn order to have $ 45 after the fourth withdrawal of money

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