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Martha opened a savings account on January 1 with a deposit of $750. The following July 1, January 1, and July 1, she made
Martha opened a savings account on January 1 with a deposit of $750. The following July 1, January 1, and July 1, she made three more deposits of $750 each. The account paid interest at 3.75% per annum, compounded quarterly. What amount was in her account at the end of the second year?
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Essential University Physics
Authors: Richard Wolfson
2nd Edition
0321706692, 978-0321706690
