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An amount is deposited for eight years at 8%. If compounding occurs quarterly, then the table value is found at 8% for eight periods. 2%
An amount is deposited for eight years at 8%. If compounding occurs quarterly, then the table value is found at
8% for eight periods. | ||
2% for eight periods. | ||
8% for 32 periods. | ||
2% for 32 periods. |
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