By the conditions of a will, the sum of P25,000 is left to a girl to be held in a trust fund by her guardian until it amounts to P45,000. When will the girl receive the money if the fund is invested at 8% compounded quarterly?
By the conditions of a will, the sum of P25,000 is left to a girl to be held in a trust fund by her guardian until it amounts to P45,000. When will the girl receive the money if the fund is invested at 8% compounded quarterly?
