To attend school, Sam deposits $1500 at the end of every six months for four and one-half

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To attend school, Sam deposits $1500 at the end of every six months for four and one-half years. What is the accumulated value of the deposits if interest is 6% com- pounded quarterly?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:58 AM

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To attend school, Sam deposits $1500 at the end of every six months for four and one-half

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Contemporary Business Mathematics with Canadian Applications

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