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To attend school, Dakota deposits $720 at the end of every quarter for four and one-half years. What is the accumulated value of the deposits
To attend school, Dakota deposits $720 at the end of every quarter for four and one-half years. What is the accumulated value of the deposits if interest is 9% compounded semi-annually? (The correct answer is $15,728.06, give or take 0.06; or $15,728.08, give or take 0.06. How do we get to that answer?)
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