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16. Suppose that your bank pays you a 10% annual interest rate, compounded quarterly, on your investments. If you deposit $100 today, in three years

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16. Suppose that your bank pays you a 10% annual interest rate, compounded quarterly, on your investments. If you deposit $100 today, in three years how much money will you have in the bank (rounded to the nearest cent)? O $134.49 O $133.10 $141.22 O $131.27 O None of the above

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