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29. Erica plans to make the following bank deposits in 2021: $300 on March 31; $350 on June 30; $400 on September 31 and $450

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29. Erica plans to make the following bank deposits in 2021: $300 on March 31; $350 on June 30; $400 on September 31 and $450 on December 31. Which equation would give Erica's bank balance on December 31, 2021 assuming a 12% rate of interest compounded monthly and a total disregard for differences in the number of days per month? a) FW=[300+50(A/G, 12%/12,4)]((F/A, 12%/12,12) b) FW=[300(P/F, 12%/12,3)+350(P/F, 12%/12,6)+400(P/F, 12%/12,9)](F/P, 12%/12,12)+450 c) FW=300(F/P, 12%/12,9)+350(F/P, 12%/12,6)+400(F/P, 12%/12,3)+450 d) Answers b) and c)

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