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On September 1, 2010, you decided to put $ 16000 in a money market fund. On March 1, 2015, you deposit anothe $ 18000 and
On September 1, 2010, you decided to put $ 16000 in a money market fund. On March 1, 2015, you deposit anothe $ 18000 and on January 1, 2018, you added another $ 18000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on January 1, 2018, just before the third deposit. O a. $ 54735.21 O b. $ 49145.75 O c. $54889.72 O d. $54185.97 O e. $53408.00 On September 1, 2010, you put $ 16000 in a money market fund. On March 1, 2015, you deposit another $ 18000 and on January 1, 2018, you added another $ 18000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on March 1, 2015, immediately after the second deposit. a. $ 40100.94 O b. $40194.86 O c. $ 40355.01 O d. $ 39175.26 O e. $39569.31 On September 1, 2010, you decided to put $ 16000 in a money market fund. On March 1, 2015, you deposit another $ 18000 and on January 1, 2018, you added another $ 18000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on January 1, 2018, just before the third deposit. O a. $ 54735.21 O b. $ 49145.75 O c. $54889.72 O d. $ 54185.97 e. $ 53408.00
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