Math, asked by sandeepkaur21211, 8 months ago

5. The amount of $574 is invested monthly at 6% compounded monthly for six years. The

balance in the fund is then converted into an annuity paying $3600 at the end of every

three months. If interest on the annuity is 5.9% compounded quarterly, for how many

months is the term of the annuity? (3 marks)​

Answers

Answered by rajeshraoshabje
0

Answer:

wait I will give your answer

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