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November 23, 2014

Homework Help: Math

Posted by Trevor on Thursday, September 30, 2010 at 6:02pm.

I need to find the equation for the following (compound interest):

number of years: 12
initial principal: 10000
annual interest rate: 0.03
additional investment each subsequent quarter: 500
The value in 12 years is 43074.4088874

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