An account pays interest by the quarter it pays at a rate, Ask an Expert

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An account pays interest by the quarter. It pays at a rate of 4.72% APR with quarterly compounding. However, an investor would like to contribute once a year to the account. At the end of each year, an investor will contribute $10,000.00. What will be the future value of this account in 20.00 years?

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Financial Management, Finance

Category:- Financial Management
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