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How much will you expect to have

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Question - You want to go to Hawaii as a graduation gift to yourself.  You start investing when you're a Freshman and you begin with a deposit of $450.  You are able to deposit $400 per quarter over your next 4 years of college. Your investment is earning a 6% nominal interest rate compounded quarterly. How much (in dollars) will you expect to have at the end of your Senior year?

Reference no: EM133155002

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