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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
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 compounded quarterly.
How much will accumulate in three years by depositing $ at the end of each of the next quarters?
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
tableTable Excel, or calculator function:,FVA of $
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