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How much would the money be worth years later

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1. In the New Teswtament, Jesus commends a widow who contributed 2 mites to the temple treasury (Mark 12:42-44). A mite was work the roughly 1/8 of a cent. Suppose the temple had invested those 2 mites at 4% interest compounded quarterly. How much would the money be worth 2000 years later? 

Reference no: EM13972305

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