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Darcy's Parents Made a Trust Deposit of $3500

Question 159

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Darcy's parents made a trust deposit of $3500.00 on October 31, 2002, to be withdrawn on Darcy's eighteenth birthday on July 31, 2016.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?

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PV = 3500.00; i = blured image = 0.0337
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