Question
The treasurer of a company deposits $350,000.00 at the beginning of each quarter in an account that pays an interest rate of 2.625% compounded quarterly.
a. The accumulated amount in three years.
b. Interest earned in four years.
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
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