dANIEL INTENDS TO TRAVEL OVERSEAS THREE YEARS FROM NOW. H OPENS A SAVINGS ACCOUNT WHICH OFFERS INTEREST AT A RATE OF 14.5% PER ANNUM COMPOUNDED MONTHLY. IF HE WISHES TO HAVE R175 000 IN THE ACCOUNT JUST BEFORE HIS TRIP, WHAT MUST BE HIS MONTHLY CONTRIBUTIONS?

asked by guest
on Nov 28, 2024 at 1:45 am



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