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You recently went into PNC bank and opened an account which pays an annual interest rate of 2.375% for the next four years. Your initial
You recently went into PNC bank and opened an account which pays an annual interest rate of 2.375% for the next four years. Your initial deposit is $10,000 assumes interest is compounded quarterly. How much will you have at the end of four years?
Please show work. If this can be done on a BA II Plus calculator please show that work.
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