Question
Deposits of $525 are made quarterly in an investment. The first deposit is made on February 15, 2016 and the last deposit is made on
Deposits of $525 are made quarterly in an investment. The first deposit is made on February 15, 2016 and the last deposit is made on August 15, 2026. Find the nominal rate converted quarterly that is earned if the account balance just after the last deposit on August 15, 2026 is $35782.19.
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Personal Finance
Authors: Jack Kapoor
6th Edition
0072350849, 9780072350845
