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Microsoft Word - 10002-Assignment 1 (Sem 1, 2017).docx our friend is considering investing $5,000 at the end of every quarter in a bank account paying

Microsoft Word - 10002-Assignment 1 (Sem 1, 2017).docx
  1. our friend is considering investing $5,000 at the end of every quarter in a bank account paying 8% per annum. The first contribution will be made at the end of the first quarter. If interest is compounded monthly, the total amount she will have accumulated at the end of ten years is

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