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Mrs. Foster needs $12,000 for a future project to remodel her house. She deposits $7500 in an account with a 8.4% APR compounded quarterly. Will
Mrs. Foster needs $12,000 for a future project to remodel her house. She deposits $7500 in an account with a 8.4% APR compounded quarterly. Will Mrs. Foster be able to pay for this remodeling project 5 years from the date of her deposit? EXPLAIN
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