Compute size of last deposit if last full deposit increased


How many quarterly deposits of $500 will be required to accumulate $20,000 if interest rate is 4.8% compounded quarterly? Determine size of last deposit if

i) last full deposit is increased

ii) last deposit is made one quarter after last full deposit.

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Mathematics: Compute size of last deposit if last full deposit increased
Reference No:- TGS0868043

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