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Assume ABC Company deposits $90,000 with First National Bank in an account earning interest at 8% per annum, compounded quarterly. How much will ABC have
Assume ABC Company deposits $90,000 with First National Bank in an account earning interest at 8% per annum, compounded quarterly. How much will ABC have in the account after five years if interest is reinvested? O A $90,000 OB $133,735 OC $132,239 OD $117.000
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Accounting Accounting Made Simple For Beginners
Authors: Robert Briggs
1st Edition
1761032739, 978-1761032738
