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Brian made periodic deposits into a savings account at the end of every month for 5 years. The investments were earning 4 . 5 0
Brian made periodic deposits into a savings account at the end of every month for years. The investments were earning compounded quarterly and grew to $ at the end of years.
a Calculate the size of the monthend deposits.
$
$
$
$
b How long will it take for the $ to accumulate to $ if the interest rate remained the same and he continued making the same monthend deposits throughout the term?
years and months
years and months
years and months
years and months
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