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Solve the annuities please George opens a retirement account (annuity) and deposits $1,000 every (b) What is the balance of the annuity after 12 years?
Solve the annuities please
George opens a retirement account (annuity) and deposits $1,000 every (b) What is the balance of the annuity after 12 years? quarter into the account that pays an annual interest of 3.6% com- pounded quarterly. (a) Find a formula for A(t), the balance of the account after t years. (c) What is the rate of change in the value of George's account after 12 yearsStep by Step Solution
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