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Mathematics, 06.05.2020 08:37 lucerogon7403

Valerie needs $16 comma 000 5 years from now in order to pay off a loan. How much must she save each quarter for the next 5 years if interest rates are 5% compounded quarterly? How much of the $16 comma 000 will be interest?

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Valerie needs $16 comma 000 5 years from now in order to pay off a loan. How much must she save each...

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