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(IRA) in 15 years if $500 is deposited… Show more How much

Paper help Economics (IRA) in 15 years if $500 is deposited… Show more How much

Economics

(IRA) in 15 years if $500 is deposited… Show more How much

(IRA) in 15 years if $500 is deposited… Show more How much will accumulate in an individual retirement account (IRA) in 15 years if $500 is deposited quarterly (at the end of each quater) during that time. Â The account earns 12% interest comounded quarterly. What is the effective interest rate? Â How much will accumulate if deposits grow (geometric gradient) by 1.5% quarter? • Show less

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