Mathematics, 10.11.2020 20:40 albattatasraap5wymy
Parker deposits $290 every quarter into an account earning a quarterly interest rate
of 2%. How much would he have in the account after 9 years, to the nearest dollar?
Use the following formula to determine your answer.
A= d.
A = the future value of the account after n periods
d = the amount invested at the end of each period
i = the interest rate per period
n = the number of periods
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Parker deposits $290 every quarter into an account earning a quarterly interest rate
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