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Lena Dimock is saving for her college expenses. She sets aside $200 at the beginning of each three months in an account paying 8% annual interest,...

3. Lena Dimock is saving for her college expenses. She sets aside $200 at the beginning of each three months in an account paying 8% annual interest, compounded quarterly. How much will Lena have accumulated in the account at the end of four years? (5 points)
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Math-8211170.doc

Lena Dimock is saving for her college expenses. She sets aside $200 at the beginning of each three
months in an account paying 8% annual interest, compounded quarterly. How much will Lena have...

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