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Thompson Rivers UniversityMATH 1091MATH1091_Assignment4

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Assignment 4 Total marks: 100 1. If money is worth 13.5%, compounded semi-annually, what will have accumulated from end-of-monthly deposits of $1600 after 15 years? (6 marks) R= 1,600, n= 12×15= 180, i= 13%/2= 6.5%, ...
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