Mathematics, 25.08.2021 01:40, scottmn

Maxwell purchased $30,000 worth of 52-week T-Bills for $29,650. Find how much money should be deposited in a bank paying interest at the rate of 8.5%/year compounded quarterly so that at the end of 7 years, the accumulated amount will be $80,000. (Round your answer to the nearest cent.)

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Maxwell purchased $30,000 worth of 52-week T-Bills for $29,650. Find how much money should be deposi...