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Suppose that the woman in problem 5 had left each child $5000 with the provision that the money be invested at 8% compounded quarterly and

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Suppose that the woman in problem 5 had left each child $5000 with the provision that the money be invested at 8% compounded quarterly and the amount be given to each child upon reaching 21 . How much would each get? (12-year-old child, $10,199.44;17-year-old child, $6863.93 )

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