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Payments of $375 made every 3 months are accumulated at 3.75% compounded monthly. What is their amount after 8 years if the payments are made
Payments of $375 made every 3 months are accumulated at 3.75% compounded monthly. What is their amount after 8 years if the payments are made
a. at the end of every 3 months?
b. at the beginning of every 3 months?
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