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How much would you need to deposit in an account now in order to have $3000 in the account in 15 years? Assume the account earns 3% interest compounded quarterly.

How much would you need to deposit in an account now in order to have $3000 in the account in 15 years? Assume the account earns 3% interest compounded quarterly.
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How much would you need to deposit in an account now in order to have $3000 in the account in 15 years? Assume the account earns 3% interest compounded quarterly.

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User Alfy
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7.7k points

2 Answers

7 votes
small areas 713 for the timeline
answered
User Oleg Afanasyev
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8.1k points
2 votes

Answer:

Explanation:

answered
User NathanOliver
by
8.3k points
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