Ann deposits $100 at the end of each month into her bank savings account. The bank paid
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Ann deposits $100 at the end of each month into her bank savings account. The bank paid 6% nominal interest, compounded and paid quarterly. No interest was paid on money not in the account for the full 3-month period. How much was in Ann's account at the end of 3 years?
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A 3100 300 i 15 per quarter year F n 12 quarterly period...View the full answer
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