PRECALCULUS ENHANCED W/GRAPHING UTILITI
PRECALCULUS ENHANCED W/GRAPHING UTILITI
7th Edition
ISBN: 9780136165729
Author: Sullivan, SULL
Publisher: PEARSON
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Chapter 12.3, Problem 91AE

Tax-Sheltered Annuity Don contributes $ 500 at the end of each quarter to a tax-sheltered annuity (TSA). What will the value of the TSA be after the 80th deposit (20 years) if the per annum rate of return is assumed to be 8 % compounded quarterly ?

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