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Pls help series application question (1 Viewer)

wandering17

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Sep 27, 2014
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Female
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2015
Jane's mother puts $300 into an account at the beginning of each year to pay for Jane's education in 5 years time. If 6% p.a. interest is paid quarterly, how much money will jane's mother have at the end of the 5 years?

Answer is $1788.79
 

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