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Future value with periodic rates.Matt Johnson delivers newspapers and is putting away $30 at the end of each quarter from his paper route collections. Matt

Future value with periodic rates.Matt Johnson delivers newspapers and is putting away $30 at the end of each quarter from his paper route collections. Matt is 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 earning 5.5% (APR), 10.5% (APR), or 12.5% (APR)?

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