you need to have $50000 at the end of 10 year. To accumulate this sum you decided to save certain amount at the end of next 10 years and daposit in the bank. The bank pays 8% interest compounded annually for long term deposit. How much will you have to save each year?
Answers
Answered by
2
Attachments:
Similar questions
History,
2 months ago
Hindi,
2 months ago
English,
4 months ago
Biology,
4 months ago
Computer Science,
9 months ago