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Compute the amount at the end of the period

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Problem 1: Compute the amount at the end of the period (n is the number of years) p=$3400, i=4.07%, p.a. compounded yearly, n=28

Option 1: $10,389.5

Option 2: $10,483.52

Option 3: $10,981.45

Option 4: $10,588.34

Reference no: EM132985669

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