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9 A person is planning to invest a certain amount of money...

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Accounting

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A person is planning to invest a certain amount of money into a fund every three-month. The first payment will be made now. That person wants to have 100,000 TL in this fund at the end of the fifth year. If the interest rate is 12%, how much money does he have to invest every month beginning now (what are the periodic payments)? (20 pts) 13:12 9 13:12

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