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As part of your retirement planning, you purchase an annuity that pays 4 % annual interest compounded quarterly

If you make quarterly payments of $600 how much will you have saved in 5
years?

instead, if you make quarterly payments of $300, how much will you have saved in 10 years

Respuesta :

faizee2003

Answer:

This Might Be Helpful To You

Step-by-step explanation:

It is a good idea to try to save up money to buy large items or find 0% interest deals so

you are not paying interest. However, this is not always possible, especially when buying

a house or car. That is when it is important to understand how much interest you will be

charged on your loan.

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