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[5 pts. ] If a single payment of $6,700 at time 0 and $270 per quarter deposits in years 2 through 6( a total of
[5 pts. ] If a single payment of $6,700 at time 0 and $270 per quarter deposits in years 2 through 6( a total of 17 deposits) are deposited at an interest rate of 4% per quarter, compounded quarterly, the money in the savings account at the end of year 6 would be closest to: Select one: a. $32,555 b. $23,572 C. $24,079 d. $10,444
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