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Business, 18.10.2020 14:01 sliim89

You have savings of $100. You plan to save another $100 at the beginning of each year for 5 years. The account pays annual interest of 8 percent, compounded quarterly. The ending balance (principal plus interest) will be $ at the end of 5 years. Need some help with this one, it's for a high school finance class.
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