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Annuity - Present Value. If John deposits $200.00 at the end of each quarter for the next 10 years. Given that the account pays him
Annuity - Present Value. If John deposits $200.00 at the end of each quarter for the next 10 years. Given that the account pays him 6.25% compounded quarterly, what is the total present value of his investment (round to the nearest cent)? a. $3,697.17 b. $11,228.14 c. $5,915.46 d. $10,864.71
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