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Other Fields Homework Help Accounting Topic started by: billyd1996 on Jul 21, 2018



Title: Anne wants to accumulate $30,000 by December 31, 2019. To accumulate that sum, she will make twelve ...
Post by: billyd1996 on Jul 21, 2018
Anne wants to accumulate $30,000 by December 31, 2019. To accumulate that sum, she will make twelve equal quarterly deposits of $2113.86 at the end of March, June, September, and December for the next three years, beginning on March 31, 2016, into a fund that earns interest compounded quarterly. What annual rate of interest must the fund provide to yield the desired sum?
A) 3%
B) 4%
C) 12%
D) 7%


Title: Anne wants to accumulate $30,000 by December 31, 2019. To accumulate that sum, she will make twelve ...
Post by: ItsMackeeey on Jul 21, 2018
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Title: Anne wants to accumulate $30,000 by December 31, 2019. To accumulate that sum, she will make twelve ...
Post by: billyd1996 on Jul 21, 2018
Enough said, this helped my grade so much


Title: Anne wants to accumulate $30,000 by December 31, 2019. To accumulate that sum, she will make twelve ...
Post by: ItsMackeeey on Jul 21, 2018
:okay: