Accounts future worth-net amount at end of analysis period

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You plan to deposit $1, 500 into a bank account at the end of each quarter for the next 20 years. What is the account's future worth at the end of 20 years if the interest rate is 8% compounded quarterly? Draw a CFD. (Future worth is a single, net amount at the end of the analysis period, N = 20 yrs)

Reference no: EM131245966

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