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[5 pts. ] If a single payment of $8,200 at time 0 and $180 per quarter deposits in years 2 through 6 ( a total

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[5 pts. ] If a single payment of $8,200 at time 0 and $180 per quarter deposits in years 2 through 6 ( a total of 17 deposits) are deposited at an interest rate of 7% per quarter, compounded quarterly, the money in the savings account at the end of year 6 would be closest to: Select one: a. $26,596 b. $45,593 c. $47,145 d. $50,377

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