Mathematics, 28.12.2020 14:00 musicqueen360

A Mother wants Rs 300,000 after 3 years from now & Rs 500,000 after five years from now separately. if the interest rate is 12% compounded quarterly, what would be the amount of instalment to be deposited by her at the start of 1st, 8th and 13th quarter? The correct answer is 38588.82, 38588.82, 18065.88

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A Mother wants Rs 300,000 after 3 years from now & Rs 500,000 after five years from now separate...