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How much would have to deposit in an account today

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Reference no: EM132912889

Problem 1: How much would have to deposit in an account today that pays 12% interest compounded quarterly so that have a balance of JD3000 in the account at the end of 10 years?

a. 920
b. 966
c. 13200
d. 13400

Reference no: EM132912889

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