Assume that money is 6 percentage compounded
What amount must be set aside on a boy's seventh birthday which will provide 24 quarterly payments of Php 350 for school expenses, if the first payment is to be made on his 16^th birthday? Assume that money is 6 percentage compounded quarterly.
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what amount must be set aside on a boys seventh birthday which will provide 24 quarterly payments of php 350 for school
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