Question: Equivalence When PP > _ CP 1 . ( 4 . 2 5 ) How much will be in a high - yield account at

Equivalence When PP >_ CP
1.(4.25) How much will be in a high-yield account at the National Bank of Arizona 12 years from now
if you deposit $5000 now and $7000 five years from now? The account earns interest at a rate of 8%
per year, compounded quarterly.

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