Dineo decided that she will save R3 500 per quarter over the next four years. She will make the first deposit into a savings account in three months' time, and she will make her last deposit at the end of four years from now. At the end of four years, if interest is earned at 6,68% per annum compounded quarterly, Dineo's total amount will be ...
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Since there are 4 quarters in a year, there will be 4*4 = 16 quarters in four years. Show more…
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