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TiliK225 [7]
3 years ago
6

As part of his retirement planning, Mr. Jones purchases an annuity that pays 11.5% compounded quarterly. If the quarterly paymen

t is $1000, how much will Mr. Jones have saved in 6 years?
Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0

Answer:

24000

Step-by-step explanation:

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