Suppose that 500 is deposited at the end of every quarter, Engineering Mathematics

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Suppose that 500 is deposited at the end of every quarter

Question: Suppose that $500 is deposited at the end of every quarter for 6 years in an account that pays 8%, compounded quarterly.

(a) What is the total number of payments (periods)?

(b) What is the interest rate per period?

(d) Find the future value of the annuity

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Engineering Mathematics: Suppose that 500 is deposited at the end of every quarter

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Engineering Mathematics: Suppose that 500 is deposited at the end of every quarter

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