At the beginning of each period, a person deposited an amount of 1,000 each for a period of 3 years at a quarterly compo
Posted: Tue Sep 07, 2021 7:28 am
At the beginning of each period, a person deposited an amount of 1,000 each for a period of 3 years at a quarterly compound rate of 3%. Calculate the total receivable after two years have passed from the date of the last payment, knowing that the interest is added every quarter