SOLUTION: Suppose that a couple plans to set up an ordinary annuity whit a R100 000 inheritance they received. What is the size of the quarterly payment they will receive for the next 6 year
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-> SOLUTION: Suppose that a couple plans to set up an ordinary annuity whit a R100 000 inheritance they received. What is the size of the quarterly payment they will receive for the next 6 year
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Question 1139117: Suppose that a couple plans to set up an ordinary annuity whit a R100 000 inheritance they received. What is the size of the quarterly payment they will receive for the next 6 years (while their children are in university) if the account pays 7% p.a. compounded quarterly? Answer by Boreal(15235) (Show Source):
