Mathematics
Mathematics, 14.07.2021 01:30, arias58

Suppose your parents decide to give you $10,000 to be put in a college trust fund that will be paid in equally quarterly installments over a 5 year period. If you deposit
the money into an account paying 1.5% per quarter, how much are the quarterly
payments (Assume the account will have a zero balance at the end of period.)

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Answers: 3

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