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label Mathematics
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schedule 1 Day
account_balance_wallet $5

1.Ben invests $19500 at 12% interest compounded quarterly for 10 years.

2.Roby invests $18,700 at 8% interest compounded quarterly for 8 years.

3.Lanie invests $8,500 at 6% interest compounded quarterly for 10 years.

Oct 16th, 2017

Ben:

A=19500(1+ 0.12/4)4*10=63609.74  in 10 years

Roby

A=18700(1+0.08/4)4*8=35240.9  in 8 years

Lanie

A=8500(1 + 0.06/4)4*10=15419  in 10 years


May 28th, 2015

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