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Anthony invested a sum of money 9 yr ago in a savings account that has since paid interest at the rate of 4%/year compounded quarterly.
Anthony invested a sum of money 9 yr ago in a savings account that has since paid interest at the rate of 4%/year compounded quarterly. His investment is now worth $52,938.44. How much did he originally invest?
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Handbook Of Key Global Financial Markets Institutions And Infrastructure
Authors: Gerard Caprio
1st Edition
0123978734, 9780123978738
