How much must be deposited per quarter in an account bearing (2.98 %) interest compounded quarterly if

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How much must be deposited per quarter in an account bearing $2.98 \%$ interest compounded quarterly if the account is to be worth $\$ 300,000$ after 25 years?

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 30, 2024 09:01 AM

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How much must be deposited per quarter in an account bearing (2.98 %) interest compounded quarterly if

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Contemporary Mathematics

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