Question: Andrea is saving for a down payment on a condo. She currently has $26,000 saved and she plans to save another $880 at the end

Andrea is saving for a down payment on a condo. She currently has $26,000 saved and she plans to save another $880 at the end of each quarter for the next 3 years. How much will she have at the end of 3 years if she earns 6.2% compounded quarterly?

$35,568.78 $48,369.54 $9,568.78 $39,569.48 $42,778.75

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