Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 3.00

Beverly Hills

Beverly Hills started a paper route on January 1, 2004. Every 3 months, she deposits $300 into her bank account, which earns 8% annually but is compounded quarterly. On December 31, 2007, she used the entire balance in her bank account to invest in an investment at 12% annually. How much will she have on December 31, 2010?

 

Please give a breakdown as to how to calculate. I have an idea but I'm a little unsure if I am correct....

Answers

(5)
Status NEW Posted 13 Aug 2017 10:08 AM My Price 3.00

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