5.3a: Problem 1 (1 point) If you make quarterly deposits of $412.00 into an ordinary annuity...
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5.3a: Problem 1 (1 point) If you make quarterly deposits of $412.00 into an ordinary annuity earning an annual interest rate of 6.44%, how much will be in the account after 15 years? How much interest did you earn in those 15 years? How much is in the account after 15 years? How much interest was earned after 15 years? (Note: Your answer is a dollar amount and should include a dollar sign) 5.3a: Problem 1 (1 point) If you make quarterly deposits of $412.00 into an ordinary annuity earning an annual interest rate of 6.44%, how much will be in the account after 15 years? How much interest did you earn in those 15 years? How much is in the account after 15 years? How much interest was earned after 15 years? (Note: Your answer is a dollar amount and should include a dollar sign)
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