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    Business Mathematics Study Set 1
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    Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate
  5. Question
    What Quarterly Payment Is Required to Accumulate to a Future
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What Quarterly Payment Is Required to Accumulate to a Future

Question 234

Question 234

Short Answer

What quarterly payment is required to accumulate to a future value amount of $10,000 in eight years if money earns 4.5% compounded quarterly?

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