Ali, today's price is 10 000 TL. In order to buy a product that has been sold after 10 years, 1 000 TL is paid to the bank at the beginning of each year for 5 years. he is laying. In addition to these...


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Ali, today's price is 10 000 TL. In order to buy<br>a product that has been sold after 10 years, 1<br>000 TL is paid to the bank at the beginning of<br>each year for 5 years. he is laying. In addition<br>to these payments at the beginning of the 4th<br>and 5th years, X TL. lays more. The bank<br>applies an annual effective interest of 8% to<br>Ali's investment. The price of the product<br>increases by 3% every year. Calculate the<br>value of X ?<br>

Extracted text: Ali, today's price is 10 000 TL. In order to buy a product that has been sold after 10 years, 1 000 TL is paid to the bank at the beginning of each year for 5 years. he is laying. In addition to these payments at the beginning of the 4th and 5th years, X TL. lays more. The bank applies an annual effective interest of 8% to Ali's investment. The price of the product increases by 3% every year. Calculate the value of X ?

Jun 06, 2022
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