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You want to receive $450 at the end of every three months for 4 years. Interest is 8.2% compounded quarterly. a) How much would you
You want to receive $450 at the end of every three months for 4 years. Interest is 8.2% compounded quarterly.
a) How much would you have to deposit at the beginning of the 4-year period?
b) How much of what you receive will be interest?
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