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Mariulka [41]
3 years ago
13

What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded

quarterly?
Mathematics
1 answer:
aleksley [76]3 years ago
3 0
That's a hard question/
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Steps:

We set the equation to:

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We can combine some terms

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Then, we isolate x

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