Wrote the terms below.
1 answer:
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Answer:
a) $12,440.43
b) $8,000.00
c) $4,440.43
Step-by-step explanation:
the question is a bit ambiguous, I calculated from zero initial Deposit to $100 per quarter. If they deposited $100 initially and then $100 quarterly for 20 years then the numbers are as follows.
a) $12,671.05
b) $8,100
c) $4,571.05
