SOLUTION: a couple inherit $40000 and deposi it in a fixed term deposit that pays 4.5% p.a. compounded quarterly. They withdraw the money as soon as they have over $45000. how long did they
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Question 602639: a couple inherit $40000 and deposi it in a fixed term deposit that pays 4.5% p.a. compounded quarterly. They withdraw the money as soon as they have over $45000. how long did they keep the money in that account?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
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John

My calculator said it, I believe it, that settles it
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