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Two years ago, on July 2nd, 2018 you started saving for a bike. At that time, you made your first of a sequence of 5 consecutive equal deposits to pay for the bike. Today, on July 2nd 2020, your dad is chipping in $500 to help you along your way to your goal of having $10,000 in four years time (which will be July 2nd, 2024). Today, you made your third, out of the five deposits. Figure out what the deposits are such that you reach your goal. The interest rate over the entire period is 9%.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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