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After 2 years she put the accumulated amount into

At the end of every 3 months, Mayaan deposits 100 dollar into an account that pays 4% compounded quarterly. After 2 years she put the accumulated amount into certificate of deposit paying 7.5% compounded semi- annually for 1 year. When this certificate matures, how much will Mayann have accumulated?

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Request for Solution File

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Finance Basics: After 2 years she put the accumulated amount into

Reference No:- TGS0636355

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Consider a 2300 deposit earning 9 percent interest per year

Q : Decrease in accounts payable 10 increase in accounts

Q : If hal makes end of year 2000 deposits into the ira how

Q : Construct a dichotomous key diagram with the following

Q : After 2 years she put the accumulated amount into

Q : Give an example from your own experience where you used a

Q : A circular steel tube of length l12m is loaded in torsion

Q : A light rail transit agency operates trains over a 25-km

Q : If the greenshields model describes the relationship

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: After 2 years she put the accumulated amount into

Reference No:- TGS0636355

Recent Questions Asked Finance Basics

Q : Consider a 2300 deposit earning 9 percent interest per year

Q : Decrease in accounts payable 10 increase in accounts

Q : If hal makes end of year 2000 deposits into the ira how

Q : Construct a dichotomous key diagram with the following

Q : After 2 years she put the accumulated amount into

Q : Give an example from your own experience where you used a

Q : A circular steel tube of length l12m is loaded in torsion

Q : A light rail transit agency operates trains over a 25-km

Q : If the greenshields model describes the relationship

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