A man wishes to keep his money in a savings deposit at 25% compound interest so that after three years he can buy a car for ₦150,000. How much does he need ...

Assessment: JAMB UTME - Mathematics - 2000 Subject: General Mathematics

Question 1 Report

A man wishes to keep his money in a savings deposit at 25% compound interest so that after three years he can buy a car for ₦150,000. How much does he need to deposit?

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