Five regular equal quarterly deposits of R1200 are made into a savings account that earns interest at a rate of 8% p.a.
Posted: Sun May 29, 2022 4:39 pm
Five regular equal quarterly deposits of R1200 are made into a savings account that earns interest at a rate of 8% p.a. compounded continuously. The amount in the account at the time of the last deposit of R1200 is equal to R type your answer... rounded to the nearest cent.