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You Deposit $300 Every 3-Months

Question 3

Multiple Choice

You deposit $300 every 3-months.Your first deposit is made November 8,2009 and your final deposit is made November 8,2017.If the deposits earn j4 = 8%,how much do you have immediately after the deposit on November 8,2017?


A) $13,833.47
B) $13,533.47
C) $13,268.11
D) $12,713.83

Correct Answer:

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