Mathematics, 23.07.2021 01:00 coliver15
1. An account pays 3.3% interest compounded quarterly.
Marson will make a regular deposit at the end of every 3 months, and wishes to reach a goal of $5500 after 4 years.
What is the amount of the regular deposit every 3 months?
2. Tristan is financing a car, which has a price of $20 000. The dealership offers a 6-year loan for the entire amount, with an interest rate of 1.04% compounded bi-weekly.
What is the value of Tristan's bi-weekly payment?
Answers: 3
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1. An account pays 3.3% interest compounded quarterly.
Marson will make a regular deposit at the en...
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