1. Marie is making 75 euros in beginning-of-month payments into an investment account. If the investment account can earn 7 % compounded quarterly, how much has she accumulated by 12 years? How much more would she accumulate if she made 90 euros deposits instead?

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1. Marie is making 75 euros in beginning-of-month payments into an investment account. If the investment account can earn 7%
compounded quarterly, how much has she accumulated by 12 years? How much more would she accumulate if she made 90 euros
deposits instead?
Transcribed Image Text:1. Marie is making 75 euros in beginning-of-month payments into an investment account. If the investment account can earn 7% compounded quarterly, how much has she accumulated by 12 years? How much more would she accumulate if she made 90 euros deposits instead?
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