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August 30, 2015

Homework Help: Finance

Posted by D Johnson on Sunday, May 5, 2013 at 12:05am.

Bob Bryan made deposits of $10,000 at the end of each quarter to Lion Bank, which pays 8% interest compounded quarterly. After 9 years, Bob made no more deposits. What will be the account's balance 4 years after the last deposit? (p. 317)

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