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Exam 3 - Chapters 9-13 instructions I help Save & Ext Submit value 2.00 points You did not receive full credit for this question in
Exam 3 - Chapters 9-13 instructions I help Save & Ext Submit value 2.00 points You did not receive full credit for this question in a previous attempt Problem 9-31 Quarterly compounding [LO5] Beverly Hills started a paper route on January 1. Every three months, she deposits $350 in her bank account, which earns 8 percent annually but is compounded quarterly. Four years later, she used the entire balance in her bank account to invest in an investment at 10 percent annually How much will she have after three more years? Use Appendix A and AppendixC for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value $ 15,712.11
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