2 items are filed under this topic.








An annuity 
20090227 

From Jules: R 20 000 is deposited in the bank,at the end of each year R 5 000
is withdrawn from it, the interest is 13 percent compounded monthly.
Calculate how many years that person will be able to use his/her money ? Answered by Stephen La Rocque. 





Rule of 78 
20000322 

From Dan Baumgarten: Can you explain the rule of 78 and the reverse rule of 78? Thanks. Answered by Claude Tardif. 


