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11. Suppose you deposited $125,000 into a savings account today. The account pays a nominal annual interest rate of 8%, but interest is compounded quarterly.

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11. Suppose you deposited $125,000 into a savings account today. The account pays a nominal annual interest rate of 8%, but interest is compounded quarterly. Assuming that you make no additional deposits or withdrawals from the account, what will your ending balance be 10 years from today? (6 points)

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