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Ten years ago, Jesse Pinkman purchased a painting for $300. The painting is now worth $1020. Jesse could have deposited $300 in a savings account
Ten years ago, Jesse Pinkman purchased a painting for $300. The painting is now worth $1020. Jesse could have deposited $300 in a savings account paying 12% interest compounded quarterly or he could have also deposited $30 at the end of each year for 10 years in a savings account paying 10% interest compounded semi-annually.
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