A person establishes the following retirement plan: an immediate deposit of $10,000 and quarterly payments of $1,500 at the end of each quarter into a savings account that earns 5% compounded quarterly,what is the amount of the investment after 21 years?

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The Answer of A person establishes the following retirement plan: an immediate deposit of $10,000 and quarterly payments of $1,500 at the end of each quarter into a savings account that earns 5% compounded quarterly,what is the amount of the investment after 21 years?

A Person Establishes the Following Retirement Plan: an Immediate Deposit