How much does a depositor have to save at the end of every three months for seven

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How much does a depositor have to save at the end of every three months for seven years to accumulate $3500 if interest is 3.75% compounded 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 03:56 AM

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How much does a depositor have to save at the end of every three months for seven

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Payments P r 1 r n 1 P Future amount required 3500 r interest rate ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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