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what is the future value? You would like to contribute to a savings account over the next three years in order to accumulate enough money
what is the future value?
You would like to contribute to a savings account over the next three years in order to accumulate enough money to take a trip to Europe. Assume an interest rate of 12%, compounded quarterly. How much will accumulate in three years by depositing $720 at the beginning of each of the next 12 quarters? Note: Use tobles, Excel, or a financial calculator. Round your final onswers to nearest whole dollar amount. (EV of S1. PV of S1. EVA of $1. PVA of \$1, EVAD of \$1 and PVAD of \$1 Step by Step Solution
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