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1. A present sum of $50,000 at an interest rate of 12% per year compounded quarterly is equivalent to how much money 8 years ago?

1. A present sum of $50,000 at an interest rate of 12% per year compounded quarterly is equivalent to how much money 8 years ago? $ 101639.AO $ 121639.BO $ 111639.CO $ 131639.DO

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