Periodic deposit " ? At the end of every three months." rate: 5.5% compounded quarterly time: 4 years finacial goal: $30,000   the periodic deposit is ? $__ $_?_ of the $30,000 comes from deposits and $_?_ comes from interest   round to nearest dollar.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Periodic deposit " ? At the end of every three months."

rate: 5.5% compounded quarterly

time: 4 years

finacial goal: $30,000

 

the periodic deposit is ? $__

$_?_ of the $30,000 comes from deposits and $_?_ comes from interest

 

round to nearest dollar. 

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