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Question 4
At the beginning of each quarter, $100 is deposited into a saving account that pays 12% compounded monthly.
Find the future value (compound amount) of annuity for two years.

Answer :

Answer:

$288

Step-by-step explanation:

12% monthly

144% yearly.

100*1.44*2 = all

all = 288

Hope this helps plz hit the crown :D

crf230f
The correct answer is $288

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