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Home Q & A Board Science-Related Homework Help Mathematics
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extrl83 extrl83
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10 months ago
Red Deer City Council has committed to investing $200,000 into a New Minor Hockey Arena Fund at the beginning of every quarter for the next seven years. The Fund is expected to earn 8% compounded quarterly. What will be the value of the fund at the end of the seven years?

▸ $5,921,883

▸ $6,945,783

▸ $7,558,447

▸ $8,421,134

▸ $9,767.125
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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billbyebillbye
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10 months ago
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Anonymous
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Help! The answer is missing an explanation...
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