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    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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    https://brainmass.com/business/accounting/juan-garza-invested-20-000-10-years-ago-at-12-percent-compounded-quarterly-177124

    Solution Preview

    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= ...

    Solution Summary

    The accumulation of interest is discussed.

    $2.19

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