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Nadia deposits $125 at the end of every three months into an account that earns 2.93% compounded monthly. Find the maturity value, and interest earned in 3 years and 6 months. Round all answers to two decimal places if necessary. P/Y = 4 2.93 % PV = $0 the nearest cent) C/Y= 12 Submit Question PMT= $-125 N = 14 FV= $1,836.02 I/Y = ✓ (round to Interest Earned = $ 510.00 x (enter a positive value, rounded to the nearest cent)

Nadia deposits $125 at the end of every three months into an account that earns 2.93% compounded monthly. Find the maturity value, and interest earned in 3 years and 6 months. Round all answers to two decimal places if necessary. P/Y = 4 2.93 % PV = $0 the nearest cent) C/Y= 12 Submit Question PMT= $-125 N = 14 FV= $1,836.02 I/Y = ✓ (round to Interest Earned = $ 510.00 x (enter a positive value, rounded to the nearest cent)

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Nadia deposits $125 at the end of every three months into an account that earns 2.93% compounded monthly. Find the maturity value, and interest earned in 3 years and 6 months. Round all answers to two decimal places if necessary. P/Y = 4 C 2.93 PV = $0 the nearest cent) Submit Question ! Interest Earned = $ 510.00 1 % Q A O F1 @ C/Y= 12 2 PMT= $-125 F2 W S #3 80 F3 E N = 14 x (enter a positive value, rounded to the nearest cent) D FV = $1,836.02 $ 4 a F4 R LL % 5 I/Y = F5 (round to T MacBook Air 6 F6 Y & 7
Transcribed Image Text:Nadia deposits $125 at the end of every three months into an account that earns 2.93% compounded monthly. Find the maturity value, and interest earned in 3 years and 6 months. Round all answers to two decimal places if necessary. P/Y = 4 C 2.93 PV = $0 the nearest cent) Submit Question ! Interest Earned = $ 510.00 1 % Q A O F1 @ C/Y= 12 2 PMT= $-125 F2 W S #3 80 F3 E N = 14 x (enter a positive value, rounded to the nearest cent) D FV = $1,836.02 $ 4 a F4 R LL % 5 I/Y = F5 (round to T MacBook Air 6 F6 Y & 7
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