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Kobe is saving up to go to the 2026 Olympics in Italy. He will make...

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Finance

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Kobe is saving up to go to the 2026 Olympics in Italy. He will make quarterly deposits of $678.00 at the start of every period for 5 years. The interest rate is r(26) = 5.175%. How much will he have at the end of 5 years? a) This question deals with the value of an annuity b) There will be payments. The payment period is immediate due c) The payment amount is $ d) The effective interest rate per period is e) The present/future value is $

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