Saving for a new home, a man put aside $1500 at the end of every 3 months
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Saving for a new home, a man put aside $1500 at the end of every 3 months for five years while he was single. Once he got married, he and his wife increased the quarterly deposits to $1700 for the next two years. How much did they have in the savings account one year after the last deposit, if the account earned 3.6% compounded quarterly?
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Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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