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gewusel gewusel
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6 years ago
Equal payments are to be made at the end of each month for 12 years with interest at 9.66% compounded monthly. After the last payment, the fund is to be invested for 4 years at 6.82% compounded quarterly and have a maturity value of $27 600.00. What is the size of the monthly payment?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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4 years ago
Nice!
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thanks
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