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    Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate
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    What Regular Investment, Made at the End of Every Three
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What Regular Investment, Made at the End of Every Three

Question 147

Question 147

Multiple Choice

What regular investment, made at the end of every three months and earning 10% compounded quarterly, would accumulate to $475,000 in 20 years?


A) $3,492.86
B) $17,616.21
C) $7,856.83
D) $1,912.37
E) $7,916.67

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