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Question 5 10 points Save Answe Ahmet deposits $2000 TL every 3 months into a sinking fund that earns 8.396 compounded quarterly. Due to some
Question 5 10 points Save Answe Ahmet deposits $2000 TL every 3 months into a sinking fund that earns 8.396 compounded quarterly. Due to some financial problems this deposits stop after 4 years, but the account continues to earn interest for 6 more years after the last deposit was made. Answer the following questions in the appropriate boxes below. (Round your answers to two decimal places.) (a) How much is in the account right after the last deposit is made? (b) How much is in the account at the end of this 10 years process? Answers: (a) The amount in the account right after the last deposit is made is (b) The amount in the account at the end of this 10 years process is
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