Essay
Darcy's parents made a trust deposit of $3500.00 on October 31, 2002, to be withdrawn on Darcy's eighteenth birthday on July 31, 2016. To what will the deposit amount on that date at 13.48% compounded quarterly?
Correct Answer:

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PV = 3500.00; i =
= 0.0337
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Correct Answer:
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