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Amy wants to invest money every 3 months. She would like to have 300,000$ at the end of 15 years. The bank gives her a
Amy wants to invest money every 3 months. She would like to have 300,000$ at the end of 15 years. The bank gives her a 6.72%/a compounded monthly. Determine her total investment over the 15 years without interest. (Answer: 174,553.40$.
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