Problem

Amy O'Mally graduated from high school. Her uncle promised her as a gift a check for $...

Amy O'Mally graduated from high school. Her uncle promised her as a gift a check for $2,000 or $275 every quarter for 2 years. If money could be invested at 6% compounded quarterly, which offer is better for Amy? (Use the tables in the Business Math Handbook.) (p. 325)

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Solutions For Problems in Chapter 13