The National Savings Fund promises a monthly 0.75% return if you deposit 100 per month for...
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The National Savings Fund promises a monthly 0.75% return if you deposit €100 per month for 15 consecutive years. What amount will be accumulated after those 15 years? Calculate future value or present value or annuity? (1+i)" -1 (1) (2) Future value = A* Items: - Annuity - n -i = €100 = 15 years ???!! = 0.75% p/m The National Savings Fund promises a monthly 0.75% return if you deposit €100 per month for 15 consecutive years. What amount will be accumulated after those 15 years? Calculate future value or present value or annuity? (1+i)" -1 (1) (2) Future value = A* Items: - Annuity - n -i = €100 = 15 years ???!! = 0.75% p/m
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College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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