Mathematics, 25.11.2021 14:00 jmanrules200
A parent wishing to create a fund for his child's education invests #300 000 at 12½% compound interest when the child is born. and adds #80000 at the end of each year. How big is the fund when the child is 4 years old? (Give your answer to the nearest #100.)
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A parent wishing to create a fund for his child's education invests #300 000 at 12½% compound intere...
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