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$11$

B

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H$15$

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$$

H

$1$

J

You would like to contribute to a savings account over the next five years in order to accumulate enough money to take a

family trip. Assume an interest rate of $8\%,$ compounded quarterly. How much will accumulate in five years by depositing

$$600$ at the BEGINNING of each of the next $20$ quarters?

$8$ Amount invested at the BEGINNING of each quarter

$9$ Interest rate

$10$ Compounding periods per year

$11$ Number of years

$\backslash$table$[[$$$600$