1) How much will you have accumulated over a period of 30 years if, in...
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Finance
1) How much will you have accumulated over a period of 30 years if, in an IRA which has a 10% interest rate compounded quarterly, you annually invest: a. $1 b. $4000 c. $10,000 d. Part (a) is called the effective yield of an account. How could Part (a) be used to determine Parts (b) and (c)? (Your answer should be in complete sentences free of grammar, spelling. and punctuation mistakes.) (Total of 15 points)
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