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Deborah Erickson Deposited $8,875 in a Credit Union, Which Pays

Question 14

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Deborah Erickson deposited $8,875 in a credit union, which pays an interest of 8% compounded quarterly. Compute the amount that Deborah will have in her account after 3 years. (Use Tables 16-1A&B or a calculator.)​

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0.08 ¸ 4 = 0.02; 3 ´...

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