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majarm majarm
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6 years ago
Calculate the accumulated value of quarterly payments of $100.00 made at the end of each quarter for ten years just after the last payment has been made if interest is 8% p.a. compounded quarterly.
A) $4003.91
B) $6040.20
C) $2040.00
D) $4415.88
E) $2015.88
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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