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Company A deposit $10,000 now in the bank. Company A will keep deposits $1500 at the end of each payment period. The interest rate and

Company A deposit $10,000 now in the bank. Company A will keep deposits $1500 at the end of each payment period. The interest rate and the payment period information are given in the following table.

12% interest rate

How much will the company have after 5 years in the bank account?

Assume each year contains 52 weeks/365 days, each quarter contains 13 weeks/90 days, each month contains 4 weeks/30 days.

Quarterly

Yearly

Quarterly

Simi Annually

Quarterly

Quarterly

Quarterly

Monthly

Quarterly

Weekly

Quarterly

Daily

Quarterly

Continuously

Monthly

Yearly

Monthly

Simi Annually

Monthly

Monthly

Monthly

Weekly

Monthly

Daily

Monthly

Continuously

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