Amina deposits $25,000 into a savings account yielding 3.5% compounded semi-annually. In addition, she plans to deposit
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Amina deposits $25,000 into a savings account yielding 3.5% compounded semi-annually. In addition, she plans to deposit $1000 at the beginning of every three months for ten years into this account. Determine the total amount she will have at the end of ten years and the interest earned.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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