Multiple Choice
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. The interest rate is 5.12% compounded annually. How much has been deposited in total?
A) $1445.59
B) $1454.59
C) $1400.00
D) $1459.59
E) $1444.59
Correct Answer:
Verified
Correct Answer:
Verified
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