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12-04-2024
English

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uppose a certain manufacturer deposits $7,000 at the beginning of each 3 month period for 6 years in an account paying 8% interest compounded quarterly. (Round your answers to the nearest cent.)
(a)
How much (in $) will be in the account at the end of the 6 year period?

What is the total amount (in $) of interest earned in this account?
$

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