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    Personal Finance Study Set 12
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    Exam 2: Tools for Financial Planning - Applying Time Value Concepts
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    Mary Deposits $4000 at the Beginning of Each Year and the Money
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Mary Deposits $4000 at the Beginning of Each Year and the Money

Question 46

Question 46

True/False

Mary deposits $4000 at the beginning of each year and the money will grow to $1 081 170 in 30 years with 12 percent compounded quarterly.

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