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Jermaine sets up an IRA that pays an interest rate of 3 . 6 % , compunded quarterly. If he contributes $ 4 2 1
Jermaine sets up an IRA that pays an interest rate of compunded quarterly. If he contributes $ at the end of every months, how much will the IRA be worth after years of making these payments? Round your answer to the nearest cent
Time Value of Money Solver
Enter the given values.
:
Number of Payment Periods
I:
Solve
Annual Interest Rate as a Percent
:
Present Value
PMT:
Solve
Payment
FV:
Solve
Future Value
PY:
Payments per Year
:
Compounding Periods per Year
:
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