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PLEASE SHOW WORK AND CALCULATIONS At the beginning of every three months, $450 is deposited into a savings account for 10 years. The money remained
PLEASE SHOW WORK AND CALCULATIONS
At the beginning of every three months, $450 is deposited into a savings account for 10 years. The money remained in the account for another 5 years and earned an average of 3.46% compounded quarterly during the 15-year period. Include a well- labelled timeline diagram. 1. Calculate the accumulated amount after the 15-year period. 2. How much interest was earned on the accountStep by Step Solution
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