For the next 13 years, you will deposit $2,250 every quarter in a savings account. The account pays 3,75% interest compounded quarterly. What is the future value of this series? O a. 93,585.77 O b. 149,891.29 c. 72796.45 O d. 436,228.07
For the next 13 years, you will deposit $2,250 every quarter in a savings account. The account pays 3,75% interest compounded quarterly. What is the future value of this series? O a. 93,585.77 O b. 149,891.29 c. 72796.45 O d. 436,228.07
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 12PROB
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