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Business, 17.04.2020 02:29 jaystarr603

17. Assume that Princess Peach started a paper route on January 1, 1970. Since that day, at the end of every three (3) months (first deposit made on April 1, 1970), she deposited $500.00 into a savings account, which paid her interest of 4 percent annually but with quarterly compounding. On January 1, 1980, she took the balance in her savings account and transferred it to an account that paid 11.5% p. a. Assuming that Princess Peach did not deposit any additional money into the account after the transfer, how much did she have in her account on January 1, 2014

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17. Assume that Princess Peach started a paper route on January 1, 1970. Since that day, at the end...
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