A mother wants 300,000 three years from now and 500,000 five years from now .if interest rate is 12% compounded quarterly what would be 1st installment to be deposited by her at the start of the quarter?
Answers
Answered by
1
Answer:
A mother wants 300,000 three years from now and 500,000 five years from now .if interest rate is 12% compounded quarterly what would be 1st installment to be deposited by her at the start of the quarter?
Similar questions