If $2500 is deposited at the end of each quarter in an account that earns 5% compounded

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If $2500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly, after how many quarters will the account contain $80,000?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:35 AM

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If $2500 is deposited at the end of each quarter in an account that earns 5% compounded

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S 80000 R 2500 i 005 ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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