Juan Garza invested $20,000 10 years ago at 12 percent, compounded quarterly.
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Juan Garza invested $20,000 10 years ago at 12 percent, compounded quarterly. How much has he accumulated?
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Solution Summary
The accumulation of interest is discussed.
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Juan Garza invested $20,000 10 years ago at 12 percent, compounded quarterly. How much has he accumulated?
We will find out the future value of $10000 after five years
P=present value, F= ...
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