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How do I solve this? Suppose you deposit $1,250 at the end of each quarter in an account that will earn interest at an annual
How do I solve this?
Suppose you deposit $1,250 at the end of each quarter in an account that will earn interest at an annual rate of 10 percent compounded quarterly. How much will you have at the end of four years?
Answer provided is $27,355.83 but what formula do I use or how do I calculate in excel.
Thank you.
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