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Carol Travis started a paper route on January 1 , 2 0 2 0 . Every three months, she deposits $ 5 0 0 in
Carol Travis started a paper route on January Every three months, she deposits $ in her bank account, which earns percent annually but is compounded quarterly. On December she used the entire balance in her bank account to invest in a contract that pays percent annually.
How much will she have on December Use Appendix A and Appendix CRound FV Factor" to decimal places. Round your intermediate and final answer to the nearest whole dollar.
Future value $
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