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Lada Lada
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7 years ago
You make 6 quarterly deposits starting at $135 and increasing at a constant rate of 4.5%. The interest rate is 8.4% compounded quarterly. What is the size of the last deposit?
A) $186.23
B) $168.23
C) $128.63
D) $135.00
E) $668.23
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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