If you contribute $1500 into a vacation account at the end of every six months for four

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If you contribute $1500 into a vacation account at the end of every six months for four years and interest on the deposits is 4.26% com- pounded semi-annually, how much would the balance in the account be six years after the last contribution?

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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: Sep 21, 2024 05:20 AM

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If you contribute $1500 into a vacation account at the end of every six months for four

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At the end offour years PMT 150000 i 213 n 8 Six ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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