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Calculate the balance in Mr. Warren's accoun at the end of each year, if he deposits $100 each at the ends of months 1 and
Calculate the balance in Mr. Warren's accoun at the end of each year, if he deposits $100 each at the ends of months 1 and 6, and $200 each at the eds of months 7 and 9. His bank pays 8% per year, compoundd quarterly, and simple interest on the interperiod deposits.
Answer: $622.30
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