The Owner of Sebastopol Tree Farm Deposits $450 at the End

question 126

Multiple Choice

The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying 7% compounded quarterly. What is the value of the account at the end of 6 years? ​

• A) $9,925.12
• B) $13,279.96
• C) $14,306.25
• D) $13,847.64
• E) $14,658.37

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