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Mathematics, 07.03.2021 21:00 maggie9459

1. Martin Randall deposits $500 in an ordinary annuity at the end of each
quarter in an account earning 8 percent interest compounded
quarterly. Using the figure below, what is the future value of the
account in 2 years?
A
$3,900.80
B
$4,000.12
C
$4,331.76
D
$4,291.49

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Answers: 3

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1. Martin Randall deposits $500 in an ordinary annuity at the end of each
quarter in an accou...

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