Payments of $1500 are made at the end of every three months for three years at 4.1%

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Payments of $1500 are made at the end of every three months for three years at 4.1% compounded quarterly followed by payments of $1750 at the end of every three months for the next two years at 4.25% compounded quarterly. Calculate the accumulated value of the annuity.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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