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Suppose that $4,000 is placed in a bank account at the end of each quarter over the next 10 years. What is the future worth
Suppose that $4,000 is placed in a bank account at the end of each quarter over the next 10 years. What is the future worth at the end of 10 years when the interest rate is 9% compounded at the given intervals?
A.) Quarterly
B)Monthly
C) Continuously
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