Question: Hi there, Im looking at a solution but im a bit lost as to where they got their numbers... Beverly Hills started a paper route
Hi there, Im looking at a solution but im a bit lost as to where they got their numbers... Beverly Hills started a paper route on January 1. Every three months, she deposits $300 in her bank account, which earns 8 percent annually but is compounded quarterly. 4 years later, she used the entire balance in her bank account to invest in an investment at 7 percent annually. How much will she have 3 years later?
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