At the end of every 3 months, Zara deposits $500 into an account that pays 6%...
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At the end of every 3 months, Zara deposits $500 into an account that pays 6% compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 2 year. When this certificate matures, how much will Zara have accumulated? At the end of every 3 months, Zara deposits $500 into an account that pays 6% compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 2 year. When this certificate matures, how much will Zara have accumulated?
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