Question
How much must be deposited at the end of each 3 months at 11% annual interest compounded quarterly to have $13,000 in 9 years? Group
How much must be deposited at the end of each 3 months at 11% annual interest compounded quarterly to have $13,000 in 9 years?
Group of answer choices
a) $333
b) $360
c) $349
d) $215
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
