Question
You plan to make 11 quarterly deposits of $2,500 beginning TODAY and ending 10 quarters from now into an account that will pay 7%
You plan to make 11 quarterly deposits of $2,500 beginning TODAY and ending 10 quarters from now into an account that will pay 7% APR compounded quarterly. How much will you have in this account exactly EXACTLY 10 quarters from today at the time you make your last deposit?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
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