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Three thousand dollars is deposited in a savings account at 6% interest compounded quarterly. Find the balance after 5 years and the amount of interest
Three thousand dollars is deposited in a savings account at 6% interest compounded quarterly. Find the balance after 5 years and the amount of interest earned during that time.
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
