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Regular equal monthly deposits of R1200 are made into a savings account starting one month from now and ending four year
Posted: Sun May 29, 2022 4:39 pm
by answerhappygod
- Regular Equal Monthly Deposits Of R1200 Are Made Into A Savings Account Starting One Month From Now And Ending Four Year 1 (44.25 KiB) Viewed 11 times
Regular equal monthly deposits of R1200 are made into a savings account starting one month from now and ending four years from now. Five months after the last deposit is made into the account, the amount in the account is equal to R66000. Using Newton's method with an initial guess of 0,05 the next guess, rounded to four decimal places, is equal to type your answer...