Edwin Ng has made deposits of $500 into his savings account at the end of every 3

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Edwin Ng has made deposits of $500 into his savings account at the end of every 3 months for 10 years. If interest is 4.5% compounded semi-annually and if he leaves the accumulated balance for another five years, what will be the balance in his account then?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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