need help with all parts of question 2. Thanks 2. Sarah wishes to accumulate...
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need help with all parts of question 2. Thanks
2. Sarah wishes to accumulate $25,000 by means of monthly deposits earning interest at nominal annual rate 8% compounded quarterly. The regular deposits will be $100 each. Find the mumber of regular deposits required. 2pts If the additional fractional deposit is made at the time of the last regular deposit, find the addi tional fractional deposit amount. [2ts If the additional fractional deposit is made one month after the last regular deposit, find the additional fractional deposit amount. 2pts
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