Family Finance: Can You Attempt This 'retirement' Math?' - Family - Nairaland
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| Family Finance: Can You Attempt This 'retirement' Math?' by Nobody: 10:18am On Sep 20, 2015 |
A man plans to save N3,000 every week for 15 years with an annual interest rate of 6%. If he stops the saving after 8 years, How much does he receive at the end of the tenor (15 years) if the interest rate increases to 8% after the first 8 years. |
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