Suppose that $1000 was deposited on January 1, 2010, into a savings account paying 2.4% interest compounded
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Suppose that $1000 was deposited on January 1, 2010, into a savings account paying 2.4% interest compounded quarterly, and an additional $100 was deposited into the account at the end of each quarter year. How much would have been in the account on January 1, 2020?
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Related Book For
Finite Mathematics And Its Applications
ISBN: 9780137616619
13th Edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons
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