Juan garza invested 120000 10 years ago at 12 percent, Financial Management

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Juan garza invested 120000 10 years ago at 12 percent

Juan Garza invested $120,000 10 years ago at 12 percent, compounded quarterly. How much has he accumulated?

Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

(Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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Financial Management: Juan garza invested 120000 10 years ago at 12 percent

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Financial Management: Juan garza invested 120000 10 years ago at 12 percent

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