3. How much do you need to deposit today (P) to withdraw BD25,000 at n =1, BD3,000 at n = 2, and BD5,000 at n =4, if you
Posted: Sat Feb 19, 2022 2:41 pm
3. How much do you need to deposit today (P) to withdraw BD25,000 at n =1, BD3,000 at n = 2, and BD5,000 at n =4, if your account earns 10% annual interest? ( 15 marks)