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Let . Find the composite function.
Compounded Quarterly
A method of calculating interest in which the interest is added to the principal amount every three months, then interest is calculated on the new total.
Principal Earning
The portion of an investment's return that is generated from the original amount invested, excluding any interest earned.
Six Years
A period of time equal to six times the length of one calendar year.
Present Value
The present worth of a future amount of money or series of cash flow at a given return rate.
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