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You want to save up $ 5,700 to buy new kitchen cabinets. You want to pay in cash, so you make quarterly deposits into a
You want to save up $5,700 to buy new kitchen cabinets. You want to pay in cash, so you make quarterly deposits into a savings account earning 3.5% APR, compounded quarterly. How much (in dollars) do your quarterly deposits need to be in order to save up the $5,700 in three years? (Round your answer to the nearest cent.)
tou want to save up $5,700 to buy new kitchen cabinets, You want to pary in cosh, so you make quarterty deposits into a savings acceunt earning 3.5% ABR, compounded quarteriy. How much (in dolars) do vour quarterly depssits need to be in order to save up the $5,700 in three vears? (Round your answer to the nearest cents) Step by Step Solution
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