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Geetu has planned to start her university four years from now. To pay for her education On the birth of their first grandchild, the Smiths

Geetu has planned to start her university four years from now. To pay for her education
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On the birth of their first grandchild, the Smiths set up a $10,000 fixed-term deposit that paid interest 8% per annum compounded quarterly. How much did their grandchild receive upon maturity of this term deposit on her 20th birthday? 52,542 50,274 42,638 48,754

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