Find the final amount of money in an account if $8,200$8,200 is deposited at 7%7% interest compounded quarterly (every 3 months) and the money is left for 66 years. The final amount is $___________________

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
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Find the final amount of money in an account if $8,200$8,200 is deposited at 7%7% interest compounded quarterly (every 3 months) and the money is left for 66 years.

The final amount is $___________________

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