Question: Need answer, need formula, steps shown please, no use of scientific calculator. (Section 13.1, # 2) Determine the accumulated value after 12 years of deposits
Need answer, need formula, steps shown please, no use of scientific calculator.
(Section 13.1, # 2)
Determine the accumulated value after 12 years of deposits of $360 made at the beginning of every 3 months and earning interest at 7% compounded quarterly.
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