An individual intends to invest $3,000 monthly for two years in a financial asset that pays the investor (nominal) inter

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answerhappygod
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An individual intends to invest $3,000 monthly for two years in a financial asset that pays the investor (nominal) inter

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An individual intends to invest $3,000 monthly for two years ina financial asset that pays the investor (nominal) interest of 9%per year. compounded quarterly. What is the value accumulated bythis individual at the end of two years?(Answer $78514.06)
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