Mario and Claudia deposit ($100) into their joint account at the end of each month. If their
Question:
Mario and Claudia deposit \($100\) into their joint account at the end of each month. If their account earns 7 percent/year/quarter (7 percent per year compounded quarterly), how long will it take them to have a total of \($15\),000 in their savings account?
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Related Book For 
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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