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cheezymac cheezymac
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9 months ago
Mandeep is making monthly deposits into a savings account that pays 4.75% compounded quarterly. She plans to have $25,000 in six years to use as a down payment on a house.


a) What should be the size of her monthly payments?
b) How much of the $25,000 is interest earned?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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duhelloduhello
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9 months ago
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