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Future value with periodic rates: Matt Johnson delivers newspapers and is putting away $50 at the end of each quarter from his paper route collections.

Future value with periodic rates:Matt Johnson delivers newspapers and is putting away $50 at the end of each quarter from his paper route collections. Matt is 9 years old and will use the money when he goes to college in 9 years. What will be the value of Matt's account in 9 years with his quarterly payments if he is earning 4.5% (APR), 9.5 % (APR), or 14 % (APR)?

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