SOLUTION: What lump sum will be needed to generate payments of R5 000 at the end of each quarter for a period of 5
years if money is worth 7%, compounded quarterly?
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years if money is worth 7%, compounded quarterly?
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Question 1145570: What lump sum will be needed to generate payments of R5 000 at the end of each quarter for a period of 5
years if money is worth 7%, compounded quarterly? Answer by ikleyn(52786) (Show Source):