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4 October, 11:25

Approximately how much principal would need to be placed into an account earning 3.575% interest compounded quarterly so

that it has an accumulated value of $68,000 at the end of 30 years?

a $23,706

b. $23,377

$52,069

d. $58,944

C

+1
Answers (1)
  1. 4 October, 11:30
    0
    Answer: b

    Explication: b
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