The Saskatchewan Roughriders started a rainy day savings fund three-and-a-half years ago to help pay for...
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The Saskatchewan Roughriders started a rainy day savings fund three-and-a-half years ago to help pay for stadium improvements. At the beginning of every quarter the team has deposited $20,000 into the fund, which has been earning 4.85% compounded semi-annually. How much money is in the fund today? The Saskatchewan Roughriders started a rainy day savings fund three-and-a-half years ago to help pay for stadium improvements. At the beginning of every quarter the team has deposited $20,000 into the fund, which has been earning 4.85% compounded semi-annually. How much money is in the fund today?
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
Posted Date:
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