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Lindsey is making quarterly contributions of of $250 to her savings account which pays interest at the APR of 6.9%, compounded quarterly. Right after Lindsey
Lindsey is making quarterly contributions of of $250 to her savings account which pays interest at the APR of 6.9%, compounded quarterly. Right after Lindsey makes her 25th contribution, the bank changes the APR to 9.8% and Lindsey makes 39 more $250 contributions. What is Lindsey's balance right after her last contribution?
Lindsey is making quarterly contributions of of $250 to her savings account which pays interest at the APR of 6.9%, compounded quarterly. Right after Lindsey makes her 25th contribution, the bank changes the APR to 9.8% and Lindsey makes 39 more $250 contributions. What is Lindsey's balance right after her last contributionStep by Step Solution
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