Bianca wants to have Php 60,000 in the future. If she decides to deposi 1000 at the end of every quarter at 8% compounded quarterly, how many regular deposits are there?
Bianca wants to have Php 60,000 in the future. If she decides to deposi 1000 at the end of every quarter at 8% compounded quarterly, how many regular deposits are there?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
3.
Transcribed Image Text:Using question no 3. How much is the last deposit if it is on the last
regular deposit period?
Transcribed Image Text:Bianca wants to have Php 60,000 in the future. If she decides to deposit
1000 at the end of every quarter at 8% compounded quarterly, how
many regular deposits are there?
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