Question: please answer part b and c only 1. LO Payments of $360 are made into a fund at the end of every 3 months for
1. LO Payments of $360 are made into a fund at the end of every 3 months for 12 years. The fund earns interest at 7% compounded quarterly. (a) What will be the balance in the fund after 12 years? (b) How much of the balance is deposits? (c) How much of the balance is interest
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