Answer to Question #134115 in Finance for eyobtilahun

Question #134115
1. m'r X deposits 8000$ at the end of each quarter into a fund earning interest at 12% compound quarterly.
a, find the total amount at the end of 6 years.
b.How much is the interest earned?
2. how long does it take to double your money, if the end interest rate is 8% per year compounded annually
Expert's answer
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