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a Use the appropriate formula to determine the periodic deposit b How much of the financial goal comes from deposits and how much comes from
a Use the appropriate formula to determine the periodic deposit b How much of the financial goal comes from deposits and how much comes from interest Periodic Deposit at the end of every three months Rate 3 5 compounded quarterly 1 Click the icon to view some finance formulas Time 6 years Financial Goal 20 000 a The periodic deposit is Do not round until the final answer Then round up to the nearest dollar as needed Part 1 of 2
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