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Future value with periodic rates Matt Johnson delivers newspapers and is putting away $45 at the end of each quarter from his paper route collections.

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Future value with periodic rates Matt Johnson delivers newspapers and is putting away $45 at the end of each quarter from his paper route collections. Mattis 10 years old and will use the money when he goes to college in 8 years. What will be the value of Matt's account in 8 years with his quarterly payments if he is eaming 4% (APR), 8% (APR), or 15% (APR)

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