Richard McLean wants to invest $4,100 in an account paying 5 percent compounded quarterly. What is the
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Question:
Richard McLean wants to invest $4,100 in an account paying 5 percent compounded quarterly. What is the interest on interest after five years?
Using financial BA II PLus calculator?
n= ?
I/y=?
PMT=0
PV=?
FV=?
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