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hank schrader plans to invest $1000 at the end of each quarter for 4 years into an account with an APR of 6.4 percent compounded

hank schrader plans to invest $1000 at the end of each quarter for 4 years into an account with an APR of 6.4 percent compounded quarterly. he will use this money as a down payment on a new home at the end of the 4 years. how large will his down payment be 4 years from today?

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