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Mathematics, 20.08.2021 01:10 deedivinya
Suppose a certain manufacturer deposits $7,000 at the beginning of each 3 month period for 8 years in an account paying 8% interest compounded quarterly.
Required:
a. How much (in $) will be in the account at the end of the 6 year period?
b. What is the total amount (in $) of interest earned in this account?
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Suppose a certain manufacturer deposits $7,000 at the beginning of each 3 month period for 8 years i...
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