A loan of $5312 borrowed today is to be repaid in three equal installments due in two years, three and a half years and five and a half years what is the size of the equal installments if money is worth 2.5% compounded annually?
Ling has saved $75,100.00 if she decides to withdraw $2,994.00 at the beginning of every three months and interest is 5.63% compounded monthly for how long can she make iwthdrawls express your answer in years and months from 0 to 11 months her last withdrawal will occur in how many years and months from now?