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Jean Smith intends to deposit $10,000 into her bank account at the end of every three months for four years. Assume that Jean earns 12%
Jean Smith intends to deposit $10,000 into her bank account at the end of every three months for four years. Assume that Jean earns 12% interest compounded quarterly on her bank account. Calculate the amount Jean will have in her account in four years. Use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 8. Click on the link Labeled present & future value table factors. No credit will be awarded for this question using a means other than these table factors to answer this
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