Post a New Question


posted by on .

Lucas invests R4million into an account earning interest of 6% per annum compounded monthly.He withdraws an allowance of R30000 per month.The first withdrawal is exactly one month after he has deposited the R4million.How many such withdrawals will Lucas be able to make?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question