Question: You plan on depositing $ 1 5 , 0 0 0 into a bank account each quarter for 6 years ( 2 4 deposits in

You plan on depositing $15,000 into a bank account each quarter for 6 years (24 deposits in total) with the first deposit made immediately. If the interest rate is 8% p.a. compounded quarterly, how much will you have in your account in exactly 5 years and 9 months time?

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