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When Gemma was born, her grandmother invested $200 000 in a building society for her. Find the value of this investment after 18 years if the interest rate is 4% per year and th…

When Gemma was born, her grandmother invested $200 000 in a building society for her. Find the value of this investment after 18 years if the interest rate is 4% per year and th…
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When Gemma was born, her grandmother invested $200 000 in a building society for her. Find the value of this investment after 18 years if the interest rate is 4% per year and the interest is compounded quarterly.

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User Trae
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1 Answer

12 votes

Answer:

570.87

Explanation:

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User Chathuri Fernando
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