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21. Town of Stephenville Council has committed to investing $100,000 into a New Minor Hockey Arena Fund at the beginning
Posted: Sat Nov 27, 2021 5:35 pm
by answerhappygod
- 21 Town Of Stephenville Council Has Committed To Investing 100 000 Into A New Minor Hockey Arena Fund At The Beginning 1 (16.37 KiB) Viewed 53 times
21. Town of Stephenville Council has committed to investing $100,000 into a New Minor Hockey Arena Fund at the beginning of every quarter for the next seven years. The Fund is expected to earn 8% compounded quarterly. What will be the value of the fund at the end of the seven years? Round your answer to the nearest whole dollar. (4 marks)