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Mathematics, 16.12.2021 06:40, hebrew1148
Florence Rice deposits $6,000 in an ordinary annuity at the end of each quarter in an account
earning 6% interest compounded quarterly. What is the future value of the account in 2 years?
a. $34,450.10 b. $45,800.00
c. $48,778.98 d. $50,597.04
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Answers: 2
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Florence Rice deposits $6,000 in an ordinary annuity at the end of each quarter in an account
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