Two buddies, Qwerty and Asdfgh, finished their school and training and entered the Example 3: workforce, both, at the age of 20 . Asdfgh started to save
$(300)/()
month or
$3600
a year ay
9.60%
interest per annum compounded yearly until at the age of 26 he had his money amounting to
$36975.67
. At that time he stopped putting any money into it, but just left the money there, to work for him and accrue interest until the end of the year he turned 62. He put money in for only 7 years, then left it in the bank. Exercise 3: Work:

Question

Two buddies, Qwerty and Asdfgh, finished their school and training and entered the Example 3: workforce, both, at the age of 20 . Asdfgh started to save

$(300)/()

month or

$3600

a year ay

9.60%

interest per annum compounded yearly until at the age of 26 he had his money amounting to

$36975.67

. At that time he stopped putting any money into it, but just left the money there, to work for him and accrue interest until the end of the year he turned 62. He put money in for only 7 years, then left it in the bank. Exercise 3: Work:

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