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02-12-2017
Mathematics

contestada

Determine the amount of money you will have if you deposit $108,000 for 25 years at 8% annual interest, compounded quarterly.

Respuesta :

02-12-2017

[tex]A =108000(1+\frac{0.08}{4})^{4\times25}=782421.78[/tex]
The answer is $782,421.78

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24-04-2019

Answer: The answer is $782,421.78

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