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Save Homework: Chapter 5 Homework Score: 0 of 1 pt 4 of 7 (2 complete) HW Score: 0%, 0 of 7 pts P5-7 (similar to)

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Save Homework: Chapter 5 Homework Score: 0 of 1 pt 4 of 7 (2 complete) HW Score: 0%, 0 of 7 pts P5-7 (similar to) Question Help Future value with periodic rates Matt Johnson delivers newspapers and is putting away $45 at the end of each quarter from his paper route collections Matt is 11 years old and will use the money when he goes to college in 7 years What will be the value of Matrs account in 7 years with his quarterly payments if he is earning 6% (APRI, 11% (APR), or 15% (APR)? What will be the value of Matt's account in 7 years with his quarterly payments if hes catning % CAPRY (Round to the nearest cant)

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