What will your investment be worth

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Reference no: EM131015944

You just got paid $2,500 for a summer job that you did and you would like to save it and put it away for a trip you would like to take in 21 months when you graduate. If you invest it and earn a nominal 5.00% rate of return with quarterly compounding, what will your investment be worth 21 months from today?

Reference no: EM131015944

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