Question
A college student plans to deposit $290 in a savings account at the end of each quarter for the next 12 years. Interest is earned
A college student plans to deposit $290 in a savings account at the end of each quarter for the next 12 years. Interest is earned at a rate of 2% per year and is compounded quarterly. What is the future value of this annuity? round to 2 decimal places.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
